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michaelpelly commented Feb 26, 2015Goldman Sucks public forecasts are the excellent contrary indicator. When they say the US dollar have a room to strengthen - expect a deep move in the opposite direction.
The Case For Cutting Our EUR/USD Forecasts - Goldman Sachs
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michaelpelly commented Feb 23, 2015I think this time Draghi really got the FED off guard. They were always doving the dollar and no one expected ECB QE at those levels of Euro. Now the euro would stay suppressed at least 12-18 months until it gets back to the levels of 1.35 where it ...
Ten days that shook the euro; how Greece came to the brink
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michaelpelly commented Feb 22, 2015Stating some facts really.
An orderly Greek exit is the only option for Europe
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michaelpelly commented Feb 22, 2015UK press is always on this topic, but I do not see urge to "orderly fashioned exit" of UK from EU. I think Germany-led bloc is way better than the constant US-influenced aggressive foreign policy conducted through UK in Europe. Europe is continental ...
An orderly Greek exit is the only option for Europe
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michaelpelly commented Feb 21, 2015Glad to see someone actually exercise some brain around here.
Eurogroup To Hold Press Conference Momentarily: Live Webcast
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michaelpelly commented Feb 21, 2015Well - this is basically the only skill of the Greek people - to shout on the streets.
Eurogroup To Hold Press Conference Momentarily: Live Webcast
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michaelpelly commented Feb 21, 2015Problem for top price stock pickers is not that it will crash one day (this is inevitable), but that it will crash in one day :-).
Nasdaq 5,000! Will this time be different?
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michaelpelly commented Feb 20, 2015This deal is same as that bad morning taste when you left the bar drunk dragging along the last lady, and you woke up in the morning with her in your bed and had a good look at her. You know that you got some, but neither of you had any satisfaction ...
Europe gives Greece another four months
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michaelpelly commented Feb 19, 2015Greece would never pay it - with or without austerity. It is time for the big international lenders to realize that. It is like Forex - some trades are just bad. Move on.
Why Greece Won’t Ever Be Able to Pay Off Its Debts With Austerity
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michaelpelly commented Feb 19, 2015It is quite noticeable that German officials had hardened the tone compared with 2012. I'm quite surprised that they also even speak about Grexit - I think somewhere in the desks - emergency plans have been drawn. Greek government is really playing ...
Here's why Germany rejected Greece's offer
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michaelpelly commented Feb 17, 2015I bet I've been more abroad than you - and I've worked with companies from your country and I've worked with companies from the real EU (not Greece). So I do speak from quite a personal experience. Our media doesn't even bother with your financial ...
Here's what happens if Greece is forced out of the euro
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michaelpelly commented Feb 17, 2015Ask anyone who has been working with Greek and German people - he/she will confirm 100%. Well defined. And we know - mainstream media is corrupted and whole world is against poor old Greece. I wonder how they survived for 2000+ years.
Here's what happens if Greece is forced out of the euro
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michaelpelly commented Feb 17, 2015Well defined, vecin ;-)
Here's what happens if Greece is forced out of the euro
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michaelpelly commented Feb 17, 2015Heh, you don't even know what you should expect of post-soviet dictator. You were spared last 50 yrs from pseudo-communism, but seems that your people are stupid enough to throw yourselves in the hands of the big bear. Just look what happens when ...
Here's what happens if Greece is forced out of the euro
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michaelpelly commented Feb 16, 2015So basically - EU have to subsidize Greece no matter the financial consequences just because Greece is so geo- and politically important? Pretty expensive cost for the EU/NATO borderline. And the real problem is that Tsipras is aware of that fact. ...
Greek Postwar Alliances Show Europe Has More to Lose Than Money
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michaelpelly commented Feb 16, 2015Exactly - clean and neat! ;-)
Greek finance minister says deal with EU will be done, 'even at eleventh hour'
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michaelpelly commented Feb 15, 2015Go Denehievrakis, show them! :-)
Greek finance minister says deal with EU will be done, 'even at eleventh hour'
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michaelpelly commented Feb 14, 2015In 2013 when the so expected tapering came - the euro and pound continued to raise with almost 1000 pips more.While huge number of funds were betting for strong dollar in beginning of 2014 and got fingers burned. So why to expect too much dollar ...
Expected Fed hike in June may coincide with ugly reality: falling prices
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michaelpelly commented Feb 14, 2015Yeah, right
What will really happen is: Euro and cable would spike even more with the Greek deal done next 2 weeks and wipe out all happy short on euro. Usd jpy will tank cause the FED probably would not surprise with anything on FOMC. And AUD ...Week Ahead: Greece, FOMC Minutes, BoJ, Short EUR, Buy GBP
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michaelpelly commented Feb 13, 2015My opinion is that the bearish trend on EUR and GBP against dollar has come to end and swing has turned. Now we would expect slow climbing of those currencies against the USD but with a lot of corrections and dips. In no case I would enter long when ...
Gains on GBP/USD driving a technical rally towards $1.5485