The Euro Could Do Something Unexpected

posted in: ECB, eur/usd, euro | 0

BNP Paribas publish a forex report yesterday entitled “Stick To the Plan; Resell EUR/USD” in which the firm argued the following:  “Our positioning indicators suggest EURUSD positioning has not become stretched, and presumably positions have been reduced even further in this … Continued

Energy & Gold Morning Linkfest

Everyone is talking about oil this morning, meanwhile Tommy Humphreys has an insightful piece on the future of small public offerings in Canada… Marketwatch: 3 reasons for oil’s crazy bounce Bloomberg: Greeks Spooked by Debt Clashes Put Cash Under Bathroom Tiles CEO: TSXV vs … Continued

Dissecting the Crash of a Currency & What it Might Mean for US Stocks

posted in: Currencies, Dow, ECB, eur/usd, euro, Gold, S&P 500 | 0

After spending the 2nd half of 2014 in a steady downtrend, the euro currency has entered crash mode at the outset of 2015: EUR/USD is down more than 600 pips so far in January and the euro is down much more against … Continued

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