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FX Rates On Trampolines

Tyler Durden's picture




 

Just plain insanity - EURJPY goes from session highs to session lows, a 200 pip swing, in 5 minutes. Same with EURUSD. And as for the EU conference, don't expect it to happen until a leak finally drives the EUR up for at least 5 minutes straight. We may be at 1 trillion before the night is over.

 

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Sun, 05/09/2010 - 22:17 | 340435 johngaltfla
johngaltfla's picture

WOW. Look at CAD. If this was so wonderful you would think that Shanghai would get real wood. It's not doing squat......

Sun, 05/09/2010 - 23:21 | 340497 geminiRX
geminiRX's picture

Futures in the green quite large. Dead cat bounce?

Mon, 05/10/2010 - 01:00 | 340582 williambanzai7
Mon, 05/10/2010 - 01:38 | 340599 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Why get involved with currentseas when you could buy silver?  Someone is....

http://www.kitco.com/charts/livesilver.html

As silver was bought, someone fixed Platinum....

http://www.kitco.com/charts/liveplatinum.html

Gold bitches!

http://www.kitco.com/charts/livegold.html

Mon, 05/10/2010 - 02:18 | 340611 hound dog vigilante
hound dog vigilante's picture

Michael Keaton, Mr Mom.  Great little comedy.

Mon, 05/10/2010 - 02:43 | 340621 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

We are at the back end of support, testing $1197.  I look for tomorrow to move to the upper support level of $1203.  Tight range, this means an up move would be quick, in my opinion.  I think we break the glass ceiling of $1226 by the end of the week, if not, next.

Speaking of "glass ceilings", have the women of America ever thought to form a union, and strike for fair wages?  Women are the larger portion of the workforce for the first time in history, so now would be as good a time as any to get what is yours.  Just sayin'.

Mon, 05/10/2010 - 04:13 | 340666 Hephasteus
Hephasteus's picture

Your week ends tuesday?

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