The dollar has mentioned in my blog for few months is finally showing strength. If you had bought earlier, you could have made 5% in 2 days as I write.
I had written only yesterday that buying options before the volatility increases is the best way to play this.
One reason for this could be the terror fear of 9/11 resulting in safehaven buying.
One would have to watch USD for a few weeks to see the impact of this.
Surprisingly, crude is gaining strength over past week and so are dry shipping rates ! Go figure.
I had written only yesterday that buying options before the volatility increases is the best way to play this.
One reason for this could be the terror fear of 9/11 resulting in safehaven buying.
One would have to watch USD for a few weeks to see the impact of this.
Surprisingly, crude is gaining strength over past week and so are dry shipping rates ! Go figure.
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