I’ve been running a short EURUSD for the past six weeks. I got in at 1.2650 on June 30, and doubled up on July 8 at 1.2260. I ...Read more Comments Off on On Fx (Krasting)
Because the market sure could do with some humor on this blood red morning, we bring you FX strategist extraordinaire Thomas Stolper, who sadly does not give us ...Read more Comments Off on Goldman's Thomas Stolper Comes Clean on the Euro; Even More Confusion Ensues
While hardly new to anyone who actually has been reading between the lines, and/or Zero Hedge, in the past few months, the Greek endspiel is here, and as ...Read more Comments Off on Goldman Explains Why The Market Has Gotten Ahead Of Itself In Its European Optimism Again
With many expecting 2012 to be a replica of 2011, at least for US stocks which the non-permabull consensus sees closing the year largely unchanged for the second ...Read more Comments Off on 5 Reasons Why 2012 Will Not Be A Replica Of 2011... At Least Not For Europe
Confused why Tim Geithner has seemingly booked a weekly round trip ticket to Brussels to give the Eurocrats their weekly pep talk (much to his endless humiliation as ...Read more Comments Off on Art Cashin Explains Why Obama Is "Terrified" By A European Collapse
Because while the prospect of democracy returning to Greece may have been killed (for now), the world is discovering that not only will nothing else be accomplished at ...Read more Comments Off on No We Cannes't: Here Is Why The EURUSD Is Plunging
Finally some details of the mythical revised and most certainly Dead on Arrival EFSF program, to be fully announced on Friday, emerge with Retuers bringing the scoop. Here ...Read more Comments Off on Details Of EFSF Emerge, However It Is "Too Little, Too Late"
by ZeroHedge.com The one thing that nobody is conveniently talking about that has suddenly become a big flash red light, the surge in borrowing on the ECB's Marginal ...Read more Comments Off on Acute Liquidity Crisis In Europe Confirmed? Borrowing Surge On Marginal Lending Facility Continues For Second Day
Something interesting happened on the way to China's bailout of Europe. After recently China stepped up its Eurosupport rhetoric, and even put a token amount of money where ...Read more Comments Off on Is China's European Rescue Just A Big "Bait And Switch"?
This article is a guest contribution from Tyler Durden, ZeroHedge.com. As of early this morning, all of Europe is plunging, not just the euro but all non EMU ...Read more Comments Off on European Wipeout Continues: EURUSD $1.24 And Falling, PLN And HUF Plunging, Carry Unwind Accelerates