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First EURUSD Print: 1.3045
Something tells us the BIS' Mikaël Charozé is not going to be too happy defending that all important 1.3000 border in the EURUSD tonight. First prints out of the gate: a timid 35 pip drop to 1.3045.
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Going to be a fun week :P
Collapse Bitchez! VIVE La France!
The revolution will not be ....on cnbc
2012 Nevada GOP Convention Proceedings.
http://www.ustream.tv/channel/nevadaconvention
maniacal giggling
I have no comment until SLEWIE & YEN CROSS chime in...
Apple Stock, the New Global Reserve Currency, should SOAR tomorrow.
AAPL broke 50 day moving average on heavy volume couple weeks ago and couldnt rebound, now back under 50 sma. pile on the shorts
if EUR/USD breaks 1.3000 look out below, next support at 1.26 and if that breaks it will see parity with USD
Gold about to break higher and USD aint looking so good either
Summer is going to be very interesting
That's one of the problems with soaring stocks, they have such a loooong way to drop. Of course being a socially approved stock it can never be described as a bubble.
"It's going to be a very interesting summer."
Yes indeed it is. Perhaps even better than last summer (for currency traders.)
As for this evening, I think AUD/USD and/or NZD/USD are better shorts than EUR/USD. Always great "risk off" trades, especially on a Sunday evening after such a weekend. Whether the markets perceive increased volatility much in part due to the Europe elections, a decline in global markets, or are still just pricing in the Friday's jobs report, there is likely to be a flight to the "safety of the US dollar" (yeah, I know - LMAO too) and when that happens the Aussie and Kiwi usually take a real beating. Especially if commodities markets are trending down as they have been.
Shorted both and EUR/USD Friday afternoon. Just closed EUR/USD. Just added BIG to my already sizeable shorts on AUD/USD and NZD/USD. I'll either wake up with a huge profit or most of my earnings from the past two months wiped out. Because sometimes you just gotta' go for the gusto.
fumigate them. give Kernen his own chamber!
Temporarily bad for euro but hollande likes to say " growth" a lot and the markets love to be lied too. I wouldnt be surprised to see the CAC have a nice pop in the next week or two
Lol daily kos lurkers are highly sensitive. Somehow they believe when playas don the red team jersey it means something
Hollande wants the ECB to print. Enuff said.
Growth = Print
Print = Dictator for life
Just wait for the bank Holiday in Greece tomorow.
You mean the bank holiday in Greece this month.
Why don't we just pay them to stay home and not fuck stuff up?
Wait, Greece still has banks???
Just wait for the bank Holiday(s) in Greece starting tomorrow.
Meanwhile in the USSA, must save the EUR at all costs. Bendonkey shitting bricks and Geitner is whacking off
Save the euro but keep it weak so we have more room to QE
That is not my opinion or hope. That is what bernanke is thinking. I should be more clear
Goldman-Sachs is just TOO BIG TO FAIL, BABY!
(And if you are one of those people who saw Obama say "THE ERA OF BAILOUTS IS OVER!", you muss be a rassiss!!!)
Fucking socialists taking over Europe now. And here i was thinking obamAo was a one-off event.
Do you have any understanding of reality. In Europe Obama would be called a right wing radical.
About time the bankers got their spanking ... Good on ya Greece and France.
Fear not good friend. Canada will still have the Queen on its currency while you shall continue having your 'freedom' an' shit.
All I'm saying is: there's hope.
But no longer on the penny. Welcome Liz, Abe may join us shortly.
Tom in January and who know who(m) after that.
Fucking socialists taking over Europe now. And here I was thinking obamAo was a one-off event
Huh?..............Europe has been Socialist for years,nuttin new here.
If you've been paying attention, you'd know there's not a fuckin' hair's width between the "left" & "right" anywhere anymore.. Both are merely two tribes wholly owned and operated by the moneycrat bankster stooges..
Wake me when we start seeing banksters hanging by their heels, throats slit and draining like pigs in a slaughterhouse..
QEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE
I wonder if the Chinese will chase this dog tonight...
Chinese are shorting both Euros and Dollars tonight!
That dog don't hunt
They should short AUD/USD. About to fall off a cliff. 1.0149 now. Probably at parity within a day.
1.30 is China's problem the same way usa clownbux are.
Socialist, conservative, mere words with no meaning. We are all statists now.
This was recognized by william f buckley when he said conservatism ( as we knew it in the ussa) was dead
statists? more like totalitarian
You can say that again.
statists? more like totalitarian
It always evolves that way
Hey don't talk bad about Clownbux. People are willing to trade me gold and silver for them.
But maybe just for the time being ...
China has to...and has supported the 1.30 level in the Euro...period...
Maybe they should back off and wait to start 'averaging down' at the 0.7 level.
True story- I got an invite to a conference in Caen France just yesterday. The registration fees will only be accepted in US dollars. They will not accept euros, even if you want to pay the day of, right there in Caen.
bullshit.
Hey dickhead, take a look for yourself:
http://www.ibec-info.org/2013/conference-fees/
You have to be smart enough to get down to the part that says "Payment Option A." You can walk up the stairs from the basement and ask your mommy to show you where that is. Maybe she can even read you the part about not accepting euros.
We don't need to bluff around here. We're the real shit.
"Let's get ready to tummmmmble...."
I don't see how you can defend the Euro. That fiat is going a lot lower. When the Germans realize the experiment is over ... they will decide how fast this currency goes away?
It is NOT BROKEN!!
We can make this thing werk.
Forward!
Over the cliff! First man over wins!
A weaker euro means US stocks go up or down?...
Up for a while. Risk on is the new risk off in amerika
A weaker euro implies a stronger dollar, and that usually (emphasis on usually) means the market drops because exports cost more.
Bots respond to exports now? Good to know. Thanks for the education. Jesus.
Gold 1900,silver 50 ,next 2 weeks,bitchez
$27.81-$27.89 first though. I abhor a gap and that one was created 1/2/12 after that weird holiday. Kept me from chasing the dragon. Just a heads up. Been waiting for 4 months for that shit to fill and have not seen a single guru mention it. We'll see.
Oh, I hope we see < $28 but I'll start buying below $30 tomorrow if possible.
Get it now.
"I woke up a feelin' mean;
Went down to play the slot machine...
The wheels turned around, and the lemons read:
Better head back to Tennessee, Jed!" -- Grateful Dead
Hope you all waited for that $27 handle. Looks like 1 person didn't.
Silver has been tied to the hip with EUR/USD since $20.
Greece fails to elect government of any form, debt repayments are not met. Banks with exposure to Greece get hammered and the financial system starts going down the toilet again.
Looking forward to a nice pullback in the ES. Bonus points if we get a lehman style collapse.
You're talking sense.
Hope that works for you.
I like socialism too.
Then everyday I get up and play capitalist.
If only I could keep these other fuckers from doing the same thing.
Ahhhh Merde!
If all the currencies are being devalued at the same time how are you supposed to know what they are worth unless you buy a beer now and then.
Big Mac Index.
Keep buying metals every chance you get? Beers and popcorn good also.
USD Index remains bullish under a elliott wave primary count (ie: the EUR is bearish).
http://bullandbearmash.com/index/usd/daily/
This week is going to be a bumpy ride.
They're just setting the bear trap.
Will be green accross the board my Monday.
snafu
Bears? There's still bears left in the market? On a market that goes up on any news, i really font see many bears left, in fact a good amount of the notable bears had capitulated weeks ago.
Algo trapping other algos maybe?
The talking heads are already defending this as bullish...
Hollande just wants to spend 1% of GDP more. This is absolutely the correct thing to do according to Krugman and Keyenes. He will pick a respected financier as PM. The Greek government wont be convened for months and the anti-bailout parties wont change anything that tjreatens the Euro. The markets are overreacting if they sell off on this. Growth is good. The obama camp is cheering this. It shows austerity doesnt work. The Republicans better take notice. The people wont support austerity.
No one has said one freakin thing about where the money is going to come from or how what this really shows is that you are scrrwed if you let your debt go to high.
Its alrerady started here! The Golden Dawn (fascist) goons kicked out reporters who failed to stand up when their leader walked into his press conference http://www.newsit.gr/default.php?pname=Article&art_id=138079&catid=9 (In Greek sorry)
and Golden Dawn leader Nikos Michaloliakos after an Athens press con. He had just been given the Nazi salute by his followers Early results show party getting 22 seats https://twitter.com/#!/ekathimerini/status/199214942543552512/photo/1 (Not proven yet)
Can I hear the sound of tanks rolling into Syntaga Square yet?
Good thing the Europeans completely defunded their millitaries over the last 20 years. It will take them a decade to build up to a level that they can fight another war. Bullish for American exports!!!
1.031 and falling Bitchaz
1.031 or 1.301?
So whats the over under on eurusd going par by eRection time?
EXTREMELY low. It will eiather be around 1.3 as LTRO 3, 4 and 5 meets QE 3, 4 AND 5. Or 0.7 if the EU actually sticks togeather but lets the currency get where it needs to be for exports to save them. Or 0 if the EU explodes.
I would correct my previous post, but its down to 1.3027 now
Euro = 1.2979...
Wait a minute we needn't worry at all. Hot off the press from the english version of Greek Daily Ekathimerini EC to set and Office Up in Athens ...http://www.ekathimerini.com/4dcgi/_w_articles_wsite1_1_06/05/2012_440871
Thank God!!! I can sleep easy tonight /sarc off
Well that's a great place to start, greet them politely and then tell 'em to fuck off.
If memory serves, when Mitterand, the last French Socialist prez, was elected the exchange rate was about $1=4FF. Five years later, it hovering just above $1=10FF.
Can't wait to see what happens this time. Paris real estate, bitchez!
thats total bullshit. franc never got to 10 to$1! you madame are full of shit. so paris real estate? i doubt you can afford the white trash van you live in now...stupid bitch.
Here you go, and the source is the St. Louis Federal Reserve. February 1985, $1=10+FF.
http://research.stlouisfed.org/fred2/data/EXFRUS.txt
I vividly recall $1=9.92FF at Amex, rue Scribe.
Next time, rather than ad hoc (not to mention puerile) insults, go check your facts before you show the whole world just how ignorant and sexist you really are.
Have a nice day, DBPoo!
You talkin some euro-trash now, bitch.
Very nice.
Well done, Irene.
DBPoo PWND!
go get that sexist pig, toots!
that data is incorrect which hardly surprises me since its Fed data. You wil recall that when the Euro was launched the FRF was at 4.95 but yet your data says 7 to 1!
Sorry but nice try. check bloomberg.
umadbro?
I know it was around $1:FF8 about 18-20 (or is that 20-22) years ago. I wanted so very much to buy a Parisian flat at the time. But time is deflating faster than the euro for me now.... Or do I mean to say inflating?
Time to dump it all on Sarkozy and Merkel! (EU collapse) The sooner Mr. Hollande does the better.
1.3019....
This is going to be such a fun week.
falling knife on cnbc 1.3011 Der Spiegel also reports that Merkels party didn't do well in a regional election. Only German one needs in Europe in regard to austerity and Merkel's version of forever is Nein.
How is a Socialist anti-bailout?
The new Greek political model...
Take the linear left/right divide and bend it, forming a circle. One point on the circumfrence is the new extreme left/right alliance, with the squishy liberal/democrats 180 degrees opposite, shades between. Centrepoint is an overhead pastorale of the abyss...
Anit-austerity governments and it's implication for future money printing in the Eurozone.
http://jmcaule-whatimlookingatrightnow.blogspot.ca/
Alf Fields, King World News + More!
Socialism is a front for Populism. Whatever winds the Proletariat up and gets them foaming at the mouth. That means being anti-bailout and anti-banker (on paper).
Perfect. I'm completely out. Let it rain.
1.3019 is like gold once the USD Ponzi winds down...all currencies are going to zero but if the Fed wasn't there to backstop EVERYTHING, the Euro would be at 2.3019
PPT will have it back up to 1.35 by the time markets open on Monday.
BadAss?
Looks like somebody is defending the EURO after it hit 1.3005...
Car....the ponzi is working the markets again...It will work until the day in doesn't.
ride that ponzi wave
So the Euro is at 1.30... Same as it was in 2010...
OMFG ~ my HAIR is on fire!
~~~
I've said this more trillion times than there are FIAT notes out there... The EURO is a NWO "poster boy" currency... It won't die (until all Rothschilds ~ Rockefellers ~ otherwise Bilderbergs) are exterminated... Place your FOREX bets accordingly...
I'm betting on things that perform poorly (flotation wise) on ZH poster canoe trips...
Gold & Silver
Bullets & Hard Rations
1.2975 and falling all.
Anit-austerity governments and it's implication for future money printing in the Eurozone.
http://jmcaule-whatimlookingatrightnow.blogspot.ca/
Alf Fields, King World News + More!