Tuesday, December 20, 2011
Kim Jong Il's Death;Korean Won;Market Correction? (Part 2)
Working Day 2 of Kim's death. I was curious to see how else the market would react. Amazingly, the market corrected to post Kim's death rates! At this rate (pun indeed), I am definitely going to follow closely to the Singapore/S.Korean Won exchange rates for some time!
(Just as I ended this entry, I decide to take a look at other rates. A similar pattern was spotted for USD/S.Korean Won. Is the market that over-reactive and volatile? I am so glad I am not a forex trader, because I totally do not know the market!)
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