1869 ? That far back ? Respect ! How was everything back in the days?

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So the gorgeous Ms. Jenny snapped , huh ... is she a valley girl by any chance?

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Gotcha. Will check the swap rates too ...

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And the price action ennui continues ...

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That's a grim picture you're presenting for your country.Sorry to hear that, hope things turn out for the best for you guys. But If, as you say, interest rates are kept artificially low, it would further exacerbate the already slanted risk ...

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I just looked at USD/TRY chart and see that TRY depreciated 120% against USD from the lows of 1.1436 in U/T terms back in 2008 and USD making new monthly high (2.5154) as we speak. I think with FOMC slated to hike rates in not too distant future ...

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I understand. Still a good deal if you could repatriate the profits without hassle. What's the current interest rate on deposits for TRY? btw , how much tax did they deduct back in the days when O/N IR was 3000%?

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Wow! You're right for that kind of money I'd move too. I'd even give them my initial investment for keeps as a token of my appreciation ... please let me know if you have any such offers in your country in the future. Thanks in advance.

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Did they pay out the interest too in reality if you wanted to cash out or was it only a promise on paper? Suppose you put up a $1M , did they really payout $30M for each and every night of deposits?

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Workout time for tuna , about to be processed to smoked trout. What a spectacle!

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Big tuna must be strung out to be resorting to such a foul language. Shows who's walking heavy now.

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You bet. Have a good one MaryAnne.

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Well, we have to be careful not to compare apples and oranges. What we have to do here is to distinguish between an index --> USDX and a currency pair --> EUR/USD. In the case of USDX since you're looking purely at USD --> one economy: all you need ...

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Here's how it works: Futures drop , rates increase -> eur/usd rallies , futures rally , rates drop --> eur/usd drops because futures are based on bond or note prices. Now in FX it's a tiny bit more involved, it being a ratio of two currencies you ...

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I will ... when I see something interesting , will drop by and share it with you guys over there , no probs. Interest rate-wise: It was all about Euro-Bunds today .... the genius folks running the exchange on which the futures contracts are ...

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Hi MaryAnne, good to see you , hope you're bagging greenies all the way. Did you catch the cable drop earlier ... it was a freebie.

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their game going into full swing on This thread with other members.

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One word: PressTITUTES.

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Bastards spreading rumors to muddy the waters.

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You know how many choruses end in a clipped two-note phrase with the last note on the offbeat? We need some color 'round here , it's nice to have them back (you know who you are ), it's so empty without them.

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