- Search Metals Mine
- Casimir commented Feb 25, 2013
Take profits on this yet? Two positions combined were definitely in the green for a moment here.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Goldman was backing EUR from the relative balance sheet argument, if I recall correctly. ECB is stingy vs. US FED doing tons of QE. As of late the "we are in irrecoverable depression" and "we are governed by a herd of angry cats" factors have ...
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Jaygee you got some big ones on you to try catching this knife man. I'm thinking we could pop below 1.30 today. It's got to come back at some point, but I don't think until well after 3:00pm when results are known.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
OMG, EURJPY down over 4.00 from earlier high. A jawdropping toboggan ride.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Dude, I hope you took your 4 quick pips and closed that. Already to 31 flat.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Seriously, remember that? "EUR to 1.40" like 4 weeks ago. That analyst should comitt seppuku live on CNBC today.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
I know there are still some long-term EUR longs out there. Probably some traders already opening positions to get ahead of Bernanke tomorrow. But yeah, any aspiring longs might want to wait until this is digested a bit more before opening.
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Holy cow has this beaten the crap out of EURJPY. Down from 125.2 to 122.44 right now. An absolute bloodbath there. USDJPY is being beaten to hell to as a sideshow. Down from 94.75 pre-open to 93.225 right now. That seems a little overdone to me, ...
Italy lower house projection points to 3-way tie
- Casimir commented Feb 25, 2013
Been short EUR since just under 1.32 yesterday. Been long antacids for the same interval.
The First Italian Exit Polls Are Out
- Casimir commented Feb 23, 2013
A ruler on a chart is not "insight", nor is a simple correlation a "new fact". I could write a robot to automatically replicate your "technical outlook" on sterling in 5 minutes. To your credit at least you have done that work correctly. This ...
The Meaning of Moody's Downgrade of the UK: Nothing
- Casimir commented Feb 23, 2013
It's the linked opinion pieces that are true crap. This article should have been titled "I do not care about important things."
The Meaning of Moody's Downgrade of the UK: Nothing
- Casimir commented Feb 23, 2013
Cable moving 100 pips means nothing? Marc Chandler means nothing.
The Meaning of Moody's Downgrade of the UK: Nothing
- Casimir commented Feb 22, 2013
No, I've read your comments. You come across as neither a philanderer nor a criminal. You would have no chance in Italian politics.
Did the ECB Just Warn Italian Voters Against Berlusconi?
- Casimir commented Feb 22, 2013
That's not Paul Krugman. The real Krugman would never employ the phrase, "the science of economics dictates." Any trained economist would recognize this phrase as equivalent to saying, "the language of Portugese dictates..." For any significant ...
Congress Asks Bernanke For Full Risk Analysis On Fed's Soaring Balance Sheet
- Casimir commented Feb 18, 2013
The analyst who thinks a Berlusconi success could buoy the Euro is an idiot. Any renewed threat of Euro breakup will reintroduce a large risk premium into the currency and drive peripheral bond yields skyward. And this is a far more dangerous risk ...
How Italy's Election Could Move the Euro
- Casimir commented Feb 17, 2013
Sounds like Michalis Terlikkas will not be playing the zeibikikos on the bouzouki anytime soon.
Troika 'studies' fallout of Cyprus bankruptcy
- Casimir commented Feb 12, 2013
On a more serious note, I'd expect more qualification of all this by some Japanese gov officials in the Tokyo AM. They've been very aggressive about managing perceptions of their stimulus policy. I'd expect something along the lines of, "We've ...
UK official says G7 statement not about individual currency or country
- Casimir commented Feb 12, 2013
Ha ha ha! I jokingly called this after their last statement! What is this now, three different opinions in 24 hours? The irony in all this is that they're supposedly trying to quell forex volatility. And they wind up stoking it more than anything.
UK official says G7 statement not about individual currency or country
- Casimir commented Feb 12, 2013
"Hang on one second." (grabs iPhone, flips long USDJPY to short) "So when we said we were okay with the Yen, we actually meant we were deeply opposed to the current excessively inflated weakness of the Yen." (checks iPhone, smiles) (puts in order to ...
G7 official says G7 statement was misinterpreted, statement signaled concern about excess...
- Casimir commented Feb 11, 2013
Nobody's talking about multi-year parabolic rises. But "parabolic" currency moves over a few months take place regularly with the yen. And at least in recent history they've always had fundamental drivers. A view that the Aussie is worth $2 is not a ...
Treasury’s Brainard: US supports Japan’s efforts to reinvigorate growth, end deflation