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More Macro Hedge Fund Blow Ups: EUR Reversal Leads To Massive Volume Surge As Stops Hit
Following the initial kneejerk reaction lower in the EURUSD, much as expected, the market appears to have actually given a second thought to the ECB's trial balloon leak, which had zero details on risk-mutualization or burden-sharing, and most importantly about the size of the announcement, which at €50 billion per month is well below the €1 trillion annual run rate which was the high-side whisper number, and then the kneejerk reaction promptly reverse. What happened next is a deja vu from last week, when as the epic surge in EURUSD volume, both in spot and futures, showed that at least one, and likely more, macro hedge funds were just stopped out of EURUSD shorts, as the reveral pounded anyone short the European currency with less than an infinite balance sheet.
At this rate, by the end of the week, there may be no FX trading macro hedge funds left, whiuch may be a good thing: at this point, perhaps it is best to just let the central banks trade with each other.
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The lunatics are in charge of the 'markets'
Ah "F" it. Just BTFD's
Am I the only one who loves seeing these funds getting hammered?
NO
For any non-bankster it is sheer joy.
No.
For any non-bankster it is pure joy.
What, the US FED can't print up a few Trillion more for these Banksters to stash as reserves just in case?
Plus when there is only one real customer, why is there volatility anyway?
Ref: "when there is only one real customer, why is there volatility anyway?"
Good observation.
Volatility is one method bankers use to extract wealth from everyone else on the planet. The 0.0001% need MOAR control.
Needs moar central planning!
Freakin' EU BITCHEZZZZ
tommorov jump to 1,20 and then back down 1.40 back up then down,,,, and then trending down another 10%
Typical EZ everything has to be fair. Hammer the longs and then the shorts. No one escapes unharmed. LOL
Doubleguns,
Very funny!
DavidC
i'd rather try to get through the galaxy quest chompers than trade fx in this corrupt environment
https://www.youtube.com/watch?v=gqRdT8m1Suo
This scene was badly written!
You can always count on central banks for stabiliteeeeee.
QE, it's magic for markets!
Test to see if €50 billion a month is enough.
Guess what, it isn't.
Victims? all in the game.
Not enough? Not enough for what?
Markets no longer like quantitative easing. Pushing for plethoric easing.
dont be such a bunch of pooosies, euro barely moved its still closer to its all time lows than highs...you sound like a little girl