Background: US investor here. Currently, almost every country thinks that it wants a weak currency, except for a few (that have actually experienced one and found out how awful it is). For instance, ...
Lately, I'm hearing a lot of talk about the euro's impending demise (I don't know how true that is by the way). And it's making me a little bit worried about my savings. I don't have a lot of ...
As a very frugal person, I have a prepaid phone plan that costs $100 a year. For the past two years, I've spent roughly $50 of that each year. As long as I renew the plan with another $100 every year, ...
I understand the Carry Trade mechanism, but I wonder why it works, or why it doesn't work. Interest Rates Each currency has an interest rate associated with it. The Yen (JPY) has historically had a ...