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.
Monday, October 4, 2010
Bank of Japan Set To Intervene on Yen Again
Keep an eye on those FXY straddles. The Bank of Japan is set to intervene at any time to weaken the yen.
Chart as of 8:30PM (chart is live 24h, from INO's tools).
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