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Greener replied May 28, 2014It would be nice to have a fear indicator...for a contrarian approach
EURUSD
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Greener commented May 28, 2014a rate cut is difficult
ECB Mersch: narrowing rate corridor could constrain money markets
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Greener replied May 28, 2014there's no crystal ball in this game. Being defensive with a strict risk management discipline and some basic statistical notion is all you have. Beware of false prophets. Make your own decisions.
EURUSD
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Greener commented May 27, 2014you don't need Lockhart. Just have a look at current mixed data.
Fed's Lockhart: Int Rate Hike 6 Months After QE End Too Short
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Greener replied May 27, 2014ongoing EU summit in Brussels with all 28 member states. France, UK and Italy all pushing for radical changes...we should know more by tomorrow
EURUSD
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Greener replied May 27, 2014For what is worth, today Goldman Sachs revised down its H2 US GDP forecast by 25 basis points on the grounds of durable goods. You need to look at the core data which is less flattering than the overall result. In my view that could also hint at a ...
EURUSD
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Greener replied May 27, 2014my assumption is that a rate cut is already priced in EURUSD so as we approach the 5th of June...chances for disappointment over no rate cuts or limited reaction to a possible rate cut increase. This is basic stuff. Next Friday is the 30th of May.
EURUSD
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Greener replied May 27, 2014Draghi will describe in detail tools to fight low inflation and unemployment while indicating measures to be taken in ST including joint program with BOE for targeted ABS purchases in support of banks...it should be obviously EUR positive. However, ...
EURUSD
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Greener replied May 27, 2014big ECB answer to eurosceptics, which I was expecting following European election outcomes, apparently is scheduled for this coming Friday.
EURUSD
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Greener replied May 27, 2014Chances are that GBP bears will drag EUR in the late hours. Carney to speak later on, I am sure he will go for a cheaper GBP.
EURUSD
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Greener replied May 27, 2014so large option (1bn) expiring at 13620-5 at 10:00 NYT 15:00BST. Let's see if we get there...
EURUSD
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Greener replied May 26, 2014based on what Draghi said, I doubt ECB will go for conventional measures (i.e rate cut/exchange rate)at the next meeting. He spent more time elaborating on the targeted measures to increase access to credit via banks. He certainly gave the ...
EURUSD
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Greener replied May 25, 2014Merkel won. That means continuation. Anything else is secondary including Le Pen in France. Le Pen could only mean that German austerity measures will be rediscussed or stopped as they are. Tomorrow Draghi will probably celebrate the euro and ...
EURUSD
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Greener replied May 25, 2014this could also be perceived as the whatever it takes moment...so I wouldn't suggest anyone to start shorting now despite whatever charts say
EURUSD