After an extended “Donkey of the Day” segment about Chesapeake Energy CEO Aubrey McClendon, Merlin steers the remainder of the show to the international currency markets. Over the last week, many questions have poured in regarding the Japanese Yen, and how to trade it in the various markets; Spot, Futures, and Equities. Merlin and guest Steve Misic Look at how the instruments function on the various exchanges then take a look at the economic numbers and charts for a better sense as to where the currency is headed. After addressing a listener question about Spain being too big to let fail for the EU, Steve turns his attention to the Swiss franc to evaluate the impact its current trend is having on the Swiss National Bank, and if they can hold prices where they have said they would!
Join over 170,000 Lessons from the Pros readers. Get new articles delivered to your inbox weekly.