A zero or negative rate world is coming
The Bank of Korea cut interest rates, following the lead of policy makers in Australia, Europe and India this month, as strength in the won and weakness in the yen dim the outlook for the nation’s exports.
New Zealand dollar falls sharply after intervention revealed
Australia's central bank has cut its benchmark interest rate to a record low of 2.75%
Soros made tonnes of money shorting Yen, then Australian dollars
Billionaire investor George Soros has expanded his bargain-basement shopping spree by reportedly adding a $1 billion short-sold position in the Australian dollar
Last edited by phantom_opera; 09-05-13 at 16:30.
Ride at your own risk !!!