Friday, March 4, 2011

What the FX?!

Another interesting week in Financial Markets. Volitility causes panic. John Key had a case of verbal dioreha on Wednesday which smashed the kiwi, falling 80 points in two hours. NZD/AUD cross is at 19 year lows. Back when you could still get 5 lollies for 5 cents, and sherbet was sold in folded paper bags.

That prick in Libya has seen oil hold above $100 US a barrel, seeing a domestic price rise of 5c per litre. Get on your fixies people!

No comments:

Post a Comment