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发表于 2016-4-4 16:02:09
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Calculation of currency resilience: as discussed in the past report, FoF traders usually ceases order at the end of business week, rather than staying in this market over weekend. Consequently, the calculation of currency resilience should be based on the first bidding price at the beginning of business week(Yahoo calculation is not correct too). In today's case,short main of SGD/JPY and AUD/SGD currency pair is built at the beginning of Monday, so SGD/JPY and AUD/SGD may further descend from European business hours, rather than rebound, because the depreciation range is still not high (0.54% and 0.59 respectively) during Pacific business hours. |
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