16-01-2015, 09:46 AM
The world is full of surprises, and bumpy ride expected in 2015...
MW said, volatility means opportunity. Well I will say, volatility equal to opportunity, IF and only IF it is due to irrationality of Mr. Market. It is not common, but should be often enough for active seekers.
Asia shares wobble as Swiss move heightens volatility
TOKYO - Asian shares stepped back on Friday and major currencies mostly stuck to late U.S. levels as investors caught their breath, after Switzerland's unexpected move to abandon its currency cap jolted markets already roiled by plunging commodities prices.
The euro suffered its biggest one-day drop against the Swiss franc in history and skidded to an 11-year low against the U.S. dollar after the Swiss National Bank (SNB) suddenly ditched its commitment to keep its franc above 1.20 per euro.
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http://www.todayonline.com/business/asia...-defensive
MW said, volatility means opportunity. Well I will say, volatility equal to opportunity, IF and only IF it is due to irrationality of Mr. Market. It is not common, but should be often enough for active seekers.
Asia shares wobble as Swiss move heightens volatility
TOKYO - Asian shares stepped back on Friday and major currencies mostly stuck to late U.S. levels as investors caught their breath, after Switzerland's unexpected move to abandon its currency cap jolted markets already roiled by plunging commodities prices.
The euro suffered its biggest one-day drop against the Swiss franc in history and skidded to an 11-year low against the U.S. dollar after the Swiss National Bank (SNB) suddenly ditched its commitment to keep its franc above 1.20 per euro.
...
http://www.todayonline.com/business/asia...-defensive