Well. I’ve been meaning for a while to start doing some random blog posts on various currency movements, charts, and trades that are catching my attention. But after writing a long blog post about what’s been going on with the US Dollar, I guess this is as good a time as any.<- – – Click this little footnote. Warning: For …
The Effects of FX (Part 2 of 2)
As we discussed in Part One of our The Effects of FX series, the most important factor in determining currency exchange rates – which are at the heart of global capital flows – are the interest rates set by the world’s central banks. <- – – Click this little footnote. And for over five years the US has maintained a …
The Effects of FX (Part 1 of 2)
As I talked about in my somewhat serious and somewhat lighthearted How We Saved 20% On Our Around-The-World-Trip post, starting last summer the US Dollar took off against most of its global trading peers and hasn’t looked back. The Japanese Yen, the Euro, the Australian and New Zealand Dollars, and even the Nigerian Naira and the Nicaraguan Córdoba… all are weaker against …
Dear Dollary (2015-08-14)
Ok, I know I said I’d stop using the A word when talking about every city we see. So Tallinn, Estonia is [click this link]. It is one of the oldest capitals in Europe, and is absolutely stunning, which comes across in two seconds if you are standing in one of the beautiful Old Town squares: Get off the main …
Dear Dollary (2015-08-12)
Ok, I realize I have to quit beginning all of these posts with wow [insert city] is amazing or I’ll just be the blogger who cried “amazing.” But. Finland is amazing! Once again it helped to go in with absolutely zero planning or expectations. So that we only have random over-stereotyped assumptions. Because Helsinki is, of course, not just charming little islands with authentic looking …