Posted on November 3, 2008 by Captain Hedge
Light curde is at $64.07 again. I’ll keep doing the same trade until it fails me: Buy at around $64, take profit above $67, stop lost $62.
The EUR/USD at 1.26 is interesting, but I’m not ready to trade this pair yet. I’m going to wait until after the election. With current information, my model gives [...]
Filed under: Commodities, Energy, ForEx | Tagged: curde oil, currency, election, EUR, ForEx, JPY, Obama, OIL, risk, USD | 2 Comments »
Posted on October 23, 2008 by Captain Hedge
At 10:49PM EST, USD/JPY is trading at 96.19 and EUR/JPY at 123.16. Some say the strengthen Yen is due to carry trade unwind. Companies who borrowed yen to fund their business expansion now have to pay it back due to global economy slowing down. As yen appreciates, the cost of paying back borrowed yen goes [...]
Filed under: ForEx | Tagged: ForEx, JPY, USD | Leave a Comment »
