Vinny’s Blog

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Entries Tagged as 'Currencies'

-Gulf states to settle trades in other currencies.

October 12th, 2009 · No Comments

So, there has been a burning news in the media recently. Whether Gulf states would be using USD or not for Oil Trades going forward. This is a devastating news for USD and as you can see markets reacted almost immediately Gold shot up to 1050.00 USD/Oz. right away. Even though this is not going [...]

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Tags: Currencies · Finance & Economy

GreenShoots Bonds/Currency ?

July 12th, 2009 · No Comments

his article continues from
Oh boy, this is as funny as it can get. World wide it has been proclaimed that people, countries are looking towards safety of their investments. US Bonds, bills are the safest place to be in…as the economy in US falters and produces hard to belive and digest bitter news daily. US [...]

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Tags: Currencies · Finance & Economy

-Currency Review III

May 3rd, 2009 · 1 Comment

…continued from Currency Review II. Please read this one first if you haven’t read it before.

Last post (currency review II) I made was about ( you guessed it…)currencies . I was able to scrub information from the net about most major currencies. It has been a month since then and it’s time for a followup.  [...]

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Tags: Currencies

-Currency Review I

April 1st, 2009 · No Comments

Currency review.
I got this request recently & had received it earlier also from some of my readers. I actually ( until now) had been avoiding currencies because It’s getting increasingly difficult to cover currencies, market is very turbulent these days. Wild swings in currency values all over the world is a common thing.
Take India [...]

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Tags: Currencies · Indian Economy

-Currency Review II

April 1st, 2009 · 1 Comment

Continued from….
So, what type of changes China is looking for in the currency market and what are they doing to accomplish those changes ? they are doing a number of things.
1. Not support Dollars/US Debt. anymore. (…too late to realize it but none the less they did !).
2. Asking IMF to be a world bank [...]

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Tags: Currencies · Indian Economy