Market Review and Trends
foolish chameleon 2016-04-15 14:01:07
By Foolish chameleon  •  April 16, 2016

Ah, the move that I was finally waiting for. But, reading from the news, it seems like it took some people by surprise though. I did mention it a few weeks ago here, and that i am long on the USD.

(*off topic: watching CNBC while typing this, and they are interviewing the famous Mark Mobius, talking about oil prices etc etc.. Been watching this channel since I came back this week, personally, I think CNBC is freaking awesome. Not sure why I didn’t find out about this channel earlier! )

Back to the topic,  yesterday early morning (14/4), the USDSGD gap up , as you can see from the chart below,  I took the chance to sell part of my USD stash @1.35xx. For now, its good enough, so i can use the funds for other stuff. It was languishing in the 1.33~1.34 a few weeks ...

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By Foolish chameleon
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