2010-07-01

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! 

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