Sunday 11 November 2007

Wile, Gisele, and the dollar

It was always going to take one more push to get the dollar into that Wile E. slide. Perhaps the news from Gisele was it? Here (from barchart.com via Calculated Risk) is the recent action on the U.S. dollar index Dec futures

I trust regular readers will be impressed by my restraint in not using the story about Ms. Bündchen to post a gratuitous picture of her. The tricky decision we now face is what to do first: call her to offer advice on FX hedging, or to attend to our own portfolios. Transaction or relationship people?

Update. Gisele and Ben in conversation at Long or Short Capital is worth reading.

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