I would look for a floor on EUR at 1.29. I wouldn't be a strong buyer but I would exit shorts there

Where is the EUR demand?

Markets needed a pullback anyway. Not huge news but should create a pause in the incessant risk-on trade this year

Report: Greece PSI Participation Will Be Too Low, ECB Says

Wonder when the CDS payments are going to go out. Should be a shock for the markets

Greek PSI Update

Got to give props where props are due. Nice Job. Goldman no longer the brightest guys in the room

J.P. Morgan Takes Trading Day Bragging Rights

Once they do that and trigger the CDS's, watch out for a pretty negative reaction in the markets

Greek Government Expects To Activate CACs In Bond Swap: Sources

PMI should be good but I doubt it moves the currency higher in this risk off environment. I would rather be short CAD here. If you want to be long CAD, pair it with AUD or EUR short

USD/CAD: Trading the Canadian Ivey PMI Index

My call is the JPY comes back into favor in the month of march. Although I do think JPY is the best short for the year

Euro falls 1 pct on day vs yen

I am actually long EURAUD at 1.2350ish and short AUDUSD at 1.0720

Australia gambling big on hopes high mineral prices will last

with the China reduction in GDP, commodities should be a sell and all commodity currencies as well

Australia gambling big on hopes high mineral prices will last