Today’s Call: British Pound to Rise vs. US Dollar. Currently 1.67/1.00.
Rationale – Combination of Tourist demand for pounds and patriotic sentiment increasing demand for pounds during Royal Wedding weekend.
Result of Call for April 26, 2011: Japan Government Bond (JGB) 5 year yield to fall. Was 0.49%. Currently 0.48%. Good Call
Calls to Date: Good Calls: 9, Bad Calls: 9, Batting .500