US builds up its bases in oil-rich South America

Recent Comments:

• Emilio: I think the mutually beneficial solution will be for the chinese to appreciate the yuan as log as the US doesnt keep printing money so in the end both...
• Gerry Davies: Hi pips. like it lower while im short at least. yes given up on new york for now. given weak pound looks like ill have to vacation at home this year.
• pipsquanderer: Hello Gerry, I thought you liked a strong pound. Now you are hoping it will move lower? What about shopping in New York? Have you given up on that?
• Gerry Davies: Hi Alexson, have look under our forex jargon section. Will explain about sovereigns and sovereign wealth funds. Good place to go first if you have a...
• Gerry Davies: These are my thoughts on cable of late, rather than specifically today. I thought 1.5250/1.5300 would be good area to go short and ofcourse it went to...
• Gerry Davies: I don’t really know what he said in February..
• Gerry Davies: no it was team specific, not sport specific. i rather like watching the odd game of footy. Watched Barca’s demolition of poor Stuttgart last night....
• alexson: I am wondering what sovereign buy means ?
• hsbc: Isnt it contradicting what jim oneill says now and what he mentioned in mid feb??
• Puks: Morning Gerry, what are your thoughts on Cable today? Do you think we’ll see a move below 1.5220 today during London session? Cheers