Currency guru Chuck Butler at the Daily Pfennig has been waiving the flag for the Swissie and Yen for some time, long before their recent moves up.
He loves them at today's prices:
Swiss francs are back to parity with the dollar, and even beyond! Japanese yen is flirting with a sub-100 figure too! I believe the term, "blue light specials" was used by someone (me!) a couple of weeks ago describing the cheaper levels to buy these currencies... I love it when a plan comes together!
Tuesday, April 15, 2008
Daily Pfennig: Blue Light Specials on Yen, Swiss Franc
Labels:
carry trade,
daily pfennig,
japanese yen,
swiss franc
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