Before you hold open any positions over the weekend, plan on worst case scenario. If the EUR gaps up 150 pips on open, can you handle it? My strategy is to reduce my size quite a bit going into the weekend. Most times I won't have a position open ...

EURUSD

Risk off trade = flight to the dollar.

EURUSD

Their ability to write checks diminished significantly today. They had a failed 10 year bond auction. The feces is about to hit the rotating oscillator. url Germany also hit by market volatility in bond sale Germany failed to raise its intended ...

EURUSD

If you're seriously asking, you're ignoring fundamentals. Google 'Max Keiser leper with the most fingers' if you're still not sure.

EURUSD

Gator, you've been on this for quite a while ... and I've been in violent agreement with you. But to answer the question - any economic historian would have told you (as in plural you) that a single currency among multiple sovereign countries is ...

EURUSD

The significance of Austria's actions is huge. This is likely to cause other nations to follow. We are watching the breakup of the Euro in slow motion.

EURUSD

Are you aware of the rumblings in Portugal? You might want to check that out. I suspect that Portugal's going to be asking for aid before Spain empties out the EU's coffers with their bailout.

EURUSD

Stress Test results to be released 23 July — I don't know if anyone's posted this yet; here's a link: url Also, this came from a Bloomberg terminal (a poster on another website): EU STRESS TESTS SAID TO INCLUDE 17% HAIRCUT ON GREEK GOVT ...

EURUSD

The ECB isn't going to raise rates. Raising rates hurts banks because it increases their borrowing costs.

EURUSD

Take a copy of the Fed's stress test results and change the names. It'll probably rally the EUR once again. The EUR just seems to want to grind higher; the trend has definitely turned up.

EURUSD

From reading this board today, my guess is that the EUR will drift lower into the close. Too many long daytrades being put on that will need to be closed.

EURUSD

Looking at other markets, it looks like the big boys are done for the day and off to the Hamptons. I expect very light volume with it mostly being retail traders.

EURUSD

Even CNBC is less than enthused about these numbers. That should be enough of an indication that they're not good numbers. I also think that you're underestimating how much of a drag state and municipal job cuts will be over this year. And I expect ...

EURUSD

Look at hourly earnings. -.1 vice expected +.1; deflationary. There are a lot of job losses in the public sector coming as states and municipalities reduce headcount to try to balance their budgets. So things are getting worse, not better. I closed ...

EURUSD

The EUR will almost certainly be moving higher; those were bad numbers. Ignore the 9.5%; too many are dropping out of the labor force. Now, if crude keeps dropping, I'll be a happy camper. ... and I know it's illogical to see crude prices drop while ...

EURUSD

Hedge funds are delevering — I'm very bearish on the EUR, but stepped back while watching action yesterday. I've seen this before. Hedge funds and the big boys behind the curtain are delevering; taking down risk. That's why you're seeing the ...

EURUSD

This has all the earmarks of a lot of hedge funds getting margin calls and several blowing up. Short EUR, long gold has been a trade that was in vogue. Also check oil and equities. No, this is going to take a few days to work through the system. The ...

EURUSD

Good luck to them. Hopefully, unlike Keynesians, they'll learn the error of their ways quickly and allow the economic collapse to occur. Get it out of the way immediately and it'll be smaller and shorter. What our brilliant faux Keynesian government ...

EURUSD

Ah, he must be referring to China's hyper growth rate over the last several years. Edit: sorry on the edit to the previous post you quoted; it essentially stated the same thing as Jay's post.

EURUSD

I'm also confused about the relationship.

EURUSD