don't have longs right now but I wouldn't bet on this violent drop either...tomorrow is bank holiday in uk so anything may happen in the meantime even a huge reversal back to friday close....however Merkozy didn't work and that's a fact. time for ...

EUR/USD: 1.3000 barrier breached, stop-loss orders triggered below

holland's election may be good for Euro and for general consumer confidence/sentiment...growth plans were long needed ...merkozy strict if not obtuse austerity politics were a failure for Euro..even Germany struggled lately...Greece may as well ...

EUR/USD: 1.3000 barrier breached, stop-loss orders triggered below

US growth's mysterious ways...softly optimistic here

US Employment Report: Glass Half Empty or Half Full?

..."credit bubble ....if China suffers a sharp slowdown"...analysis based on dreams

Australia Heading for ‘Mother of All Hard Landings’: Pros

upward revisions be the new trend in the housing market...it's a good sign. Certainly better than downward revisions. That's the only way you get the moving average up.

Improving Housing Market?

big push for equities and risk in general.

US: Sale of new homes at 328,000 annual rate in March

euro tends to drop around bank holidays violently and for a short period. Subsequent bounce tends to be greater and slower than the drop. I expect that in the next few days, I wouldn't bet my money though...IMF funds might give some short term ...

Speculative Traders Still Betting On The Euro's Decline - CFTC

Euro rises as real manipulators are doubling exports

When will Portugal need a 2nd bailout?

towards the drachma zone I would say

Inflation May Drive Germany Out of the Eurozone

funny: they introduced the stamp duty to boost sales but sales gets boosted by stamp duty holidays...time to rethink taxation?

Stamp Duty Change Boosts UK House Prices – Halifax

Germans will always need a looming catastrophe to fully take advantage of the Euro low valuation as opposed to the old deutsche mark...It is in their interest to slow down the rescue or create an event. My impression is that this was always meant to ...

Euro Zone Needs a Divorce: Roubini

Greece now is the least problem Europe is facing...stop playing this game

Participation in Greek bond swap at 97%, beating target according to a finance ministry source

We all know that Mr Roubini but we live in an artificial world and the US is the big boy.

Roubini: Euro Must Come Down to Dollar’s Level

The truth is that Europen State members have come to a point where they clearly do not believe in Euro and these meetings are just a waste of time. Hard to believe that states like Finland or even Germany herself will continue injecting money into a ...

'Even a 1-Trillion Euro Firewall Wouldn't Be Enough'

800.00001

Austrian Fin Min: Euro group ministers agreed on Euro zone firewall above EUR 800bln

All pointing to recession in Europe. A serious firewall should be in the order of trillions not billions. That's ridiculous. What a waste of time these European meetings.

The Shadow of Depression

I am still bullish on gold...too much uncertainty in the markets. US data were disappointing today and last few days and I can't see where else money may go given the circumstances

Gold Awaiting Breakout from Central Pivot Zone