Recent content by FX Targets

Ditto the comments on id. I turned up expecting it to be obvious where the traders were. Turned out it wasn't. Still, it was a nice pint. I was the billy-no-mates looking slightly awkward sipping a lager. Tall and ruggedly handsome wearing light blue shirt and jeans. Anyone spot me? OK. Not...

trendie - good to see you'll never suffer from fat finger problems.

You'll need to hold the 'trading backwards' image in mind if you start trading Delta.

riwf, you have correctly assessed my trading colour as being the greenest of greens, quite true. I just wondered if there was a professional/viable/possible way to take advanatge of this situation. As you suggest, it is my extremely amateur view on what is after all probably the most highly...

'TWI' and 'A Dashing Blade', thank you both very much for your detailed responses. It's taken me a while to do the research to even begin to understand what you were telling me. And I thank you for that. It's frightening just how much I don't yet know. Are you guys both pro traders or is this a...

Thank you for your response. But the scenario you've outlined shows a lesser interest rate on the 'other' currency (USD in your example). My position shows a much higher rate for the 'bought' currency. Put simply, if I borrow here in the UK at 8% and invest in Iceland at 13.5% I pocket the 5.5%...

I don't understand. What is 'fx cross 2 years forward'? What do you mean by 'lock in a swap''?

Count me in.

Is this a compex position to construct or is it just out of the normal for these boards?

Iceland has recently put its base rate to 13.5% with no sign of any let up in inflation fueled by property and investment surges. If I wanted to borrow £xyz at 8% in the UK and benefit from a estimated 13.5% at Icelands current rate, what would be the best way to construct this position? I'd...