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
Today’s Call: Japan Government Bond (JGB) 5 year yield to fall. Currently 0.49%.
Rationale – Anticipation of combination of FED signaling continued easy money policies coupled with BOJ bond purchases in wake of disaster increasing price of JGB farther out on the yield curve.
Result of Call for April 20, 2011: Greek 5-YR Sovereign Credit Default Swap to rise. Was 1325.70. Currently 1474.70. Good Call
Calls to Date: Good Calls: 6, Bad Calls: 7, Batting .462
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