Wednesday, July 27, 2011

Being shipped off to Kyushu for a few months

The current phase of the project that I am working on has ended and as a result of that, it seems that my expertise are required elsewhere in the company. Crunch time is coming up for a special Sept deadline and I was just called in by the boss, yesterday to learn that I am being shipped off to Kagoshima, Kyushyu for 2 months to help troubleshoot some process related issues.

They'll be putting me up in a hotel for the first week and then a mid-term housing arrangement while I am there. I'll likely be working a few graveyard shifts as well... the compensation for taking this job is still being hammered out but here is hoping that I get some good spending money out of this.

Working on a few other things on the side as of the moment and the weekends have been really busy with events.

In other news, I'll be taking a 1 week vacation in the first week of Aug to visit Vietnam and Cambodia. Posting will remain light...

Tuesday, July 12, 2011

We are in for an interesting FX ride

Been following the news a little bit lately and it seems that Greece and Italy are having debt issues and the currency markets are going nuts.

The US will need to pass a bill to raise their debt ceiling on Aug 2 and what exactly will happen there is uncertain but I am quite sure that they will raise the debt ceiling, because it will have significant impacts on their ability to raise money in the future if they go into a mini-default.

As a result, I've just been looking at the currency charts recently and the yen is jumping upwards in the midst of this uncertainty. I've already diversified some of my funds out of yen an may look to purchase more foreign currency as I think that the markets will be fairly unstable.

It will be interesting to see how things will play out over the next few weeks, but I'll be lining up a cascading orders in CAD and AUD should the yen spikes up some more.