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Some interesting currency moves today

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Wd40
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Re: RE: Re: Some interesting currency moves today

Postby Wd40 » Sun, 20 Dec 2015 12:01 pm

earthfriendly wrote:Okie, I went googling and realized my figure was outdated :oops: . So a 4 % ballpark seems to be more realistic. Goes to show how hard it is to predict the market. I apologize for the misleading info. Anway, I am never the one to crunch numbers. Take it with a grain of salt from me.

http://www.marketwatch.com/story/john-b ... 2015-11-05

I don't quite agree with the statement "invest we must, for cash yields virtually nothing and inflation erodes returns".

This particular statement is what has made people take excessive risk. We could actually be in a situation where cash remains static and all other risk assets crash, if interest rates go up significantly, for whatever reason. Bonds will crash, stocks will crash. Cash will be king.

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Re: Some interesting currency moves today

Postby JR8 » Sun, 20 Dec 2015 6:11 pm

No matter, there you go :)
Interesting Bogle headlining with 'You won't make much money from stocks'. I think it's a bit broader these days, 'you won't make much money from anything'. But you have to laugh, he's chopped his own forecast from 7% to 4%, which when the outlier possibilities are about 7.5-2.5%, is going some.
It makes it scary when you have to build and plan on the worst case; say income as 4% on assets..... hmm
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Re: Some interesting currency moves today

Postby earthfriendly » Mon, 21 Dec 2015 3:25 am

After a good night's sleep, I woke up to the information I posted yesterday. It kindof sink in this morning. 4% seems anemic and a bit depressing . I am going to be poorer (then I had imagine) due to poorer rate of return. And it made me feel poorer. But then I realize, I am not the only one. All you earthling out there will experience the same. You wealth will not grow at a higher and faster rate then mine :-P . We are all in the same boat. That makes me feel better and wealthier now.
Last edited by earthfriendly on Mon, 21 Dec 2015 6:05 am, edited 1 time in total.

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Re: Some interesting currency moves today

Postby Barnsley » Mon, 21 Dec 2015 9:37 am

earthfriendly wrote:After a good night's sleep, I woke up to the information I posted yesterday. It kindof sink in this morning. 4% seems anemic and a bit depressing . I am going to be poorer (then I had imagine) due to poorer rate of return. And it made me feel poorer. But then I realize, I am not the only one. All you earthling out there will experience the same. You wealth will not grow at a higher and faster rate then mine :-P . We are all in the same boat. That makes me feel better and wealthier now.


You need to get on with living life mate!!
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Re: Some interesting currency moves today

Postby Wd40 » Sat, 02 Jan 2016 1:42 pm

Any currency predictions for 2016?

Right now SGD, AUD and CAD are all at close to parity with each. It will be interesting to see where these will end up by the end of this year.

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Re: Some interesting currency moves today

Postby Wd40 » Sat, 02 Jan 2016 2:26 pm

http://www.businessinsider.com/australi ... 16-2015-12

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Re: Some interesting currency moves today

Postby earthfriendly » Fri, 08 Jan 2016 5:41 am

Awwww...... the satire. Why does he have a bandaid under his eye :o ?

http://finance.yahoo.com/news/bill-gros ... 21604.html

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Re: Some interesting currency moves today

Postby Wd40 » Sun, 10 Jan 2016 9:44 pm

Shocking! SGD is now 1.44 to the USD!

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Re: RE: Re: Some interesting currency moves today

Postby ecureilx » Sun, 10 Jan 2016 11:42 pm

Wd40 wrote:Shocking! SGD is now 1.44 to the USD!

How did that happen ?

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Re: RE: Re: Some interesting currency moves today

Postby JR8 » Mon, 11 Jan 2016 2:56 am

ecureilx wrote:
Wd40 wrote:Shocking! SGD is now 1.44 to the USD!

How did that happen ?

Hasn't been there since 5/+ years?...
One factor we know is the US$ interest rate is on a upward trajectory so the currency will have already been appreciating for quite a while.
That alone might be it, but if it applied that the S$ aligns itself more closely with the Chinese RMB, than the US$ (don't know, but it might make sense if you consider major trading partners), then what with China deflating at speed the S$ peg will be heading south too. That added to the effect of rising US rates would be a double-whammy.
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Re: Some interesting currency moves today

Postby Primrose Hill » Mon, 11 Jan 2016 10:14 am

Wd40 wrote:Any currency predictions for 2016?

Right now SGD, AUD and CAD are all at close to parity with each. It will be interesting to see where these will end up by the end of this year.

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Yes, OMG crazy

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Re: Some interesting currency moves today

Postby Wd40 » Tue, 12 Jan 2016 11:05 pm

This round, the Japanese Yen and Euro are strong. The GBP is falling it is at 1.44 to USD, haven't seen it so low in a long time.

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Re: Some interesting currency moves today

Postby Barnsley » Wed, 13 Jan 2016 12:41 am

Wd40 wrote:This round, the Japanese Yen and Euro are strong. The GBP is falling it is at 1.44 to USD, haven't seen it so low in a long time.

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Yeh , pound got smashed today ....

good for trip back next month!!
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Re: Some interesting currency moves today

Postby Primrose Hill » Wed, 13 Jan 2016 12:01 pm

everything is getting smashed. FTSE, oil, currency. cash is king?

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Re: Some interesting currency moves today

Postby Strong Eagle » Wed, 13 Jan 2016 1:12 pm

Primrose Hill wrote:everything is getting smashed. FTSE, oil, currency. cash is king?


USA cash is king... but not very good for USA exporters.


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