Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
Wednesday, September 15, 2010
Yen Yuan: Currencies Again, Yuan Rises to Highest Since 1993
If it's not the en it's the Yuan.
Currencies continue extremely volatile, and a paradise for traders. The Yuan has risen to the highest level since 1993. Live 24h chart from INO:
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