Recent gains for the US dollar
It’s interesting to note that as soon as we see some bad news in Europe, the dollar gains against virtually every currency in the world. The dollar is still considered “safe” (despite the fact that...
View ArticlePredictions for gold, stocks, and currencies
Interesting article here that predicts gold prices will slide while large gains can be made with certain currencies in Asia. They say go heavy on stocks but from developed rather than emerging markets.
View ArticleSouth Korean won strenghtening – Bank of Korea getting involved?
I brought several tens of thousands of dollars and converted them to won (to get a new apartment) about 6 months ago. The exchange rate was about 1150. Eventually that money is going back to the US and...
View ArticleIs the currency war finally here?
We’ve known this currency war is coming because it has to. An economy that depends on the whole world selling to US consumers, on credit, while taking America’s jobs and industries can not be...
View ArticleTime for South Korea to fight inflation?
Interesting article here on the problem facing South Korea. They prefer a weaker won to drive exports but if they fight inflation at home the won gets stronger.
View ArticleA forex primer and some good educational videos
Since I lived in Korea for 12 years, and since those 12 years were pretty much my entire adult life, until recently all my personal wealth was in Korean won (KRW). While in Korea, I saw the won...
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