Vikas, I can understand that OIL in local currencies is at an all time high. Can you please tell me what those numbers on the X axis are? What values do they represent?
Just like @Raj232 's office, I had one donkey sitting behind me for the whole day today. Too many donkeys at work also so I can't log into TJ using the office desktop pc.
Just like @Raj232 's office, I had one donkey sitting behind me for the whole day today. Too many donkeys at work also so I can't log into TJ using the office desktop pc.
Now in Night shift .. so not much trading ... too sleepy to trade ..
We need to join @sanju005ind 's office .. where they book a conf room on Thu and sit in team meetings all day !!!
A low federal funds rate makes investments in developing countries more attractive. A high federal funds rate makes investments outside the United States less attractive. The long period of a very low federal funds rate from 2009 forward resulted in an increase in investment in developing countries. As the United States began to return to a higher rate , investments in the United States became more attractive and the rate of investment in developing countries began to fall. The rate also affects the value of currency, a higher rate increasing the value of the U.S. dollar and decreasing the value of developing countries currencies .