This blog is about macro-economics, financial markets and the world that has been pulled over your eyes to blind you from the truth.
— Neo: What truth?
— Morpheus: That you are a slave, Neo.
I ♥♥ €
This is a follow up from yesterday's post. I am very much impressed by the massive rally that we had in the Euro today. It completely took me by surprise, as I never sought such a massive rise was in the decks, specially while the equity markets were falling sharply. I think the Euro has more to gain, but given who quickly it rose, I'm not sure whether it will make a pause first or not... Still holding tight at the moment.
I ♥♥ €
On the 29th, I wanted to increase my AUD short, but thought 1.44 in just one day was too much, and that a drop would follow... instead, it moved to almost 1.46 the next day, and to about 1.49 the following day!