There should be HUGE risk aversion causing the dollar to rise, not fall. I'll sit this one out until the market starts to act a bit more rational. I just saw an article stating that a big protest is scheduled for Saudi on 20 March. If that happens, ...

EURUSD

Any news in the last 10 minutes to account for the climb in the EU?

EURUSD

I don't have a print on Brent, but looks like West Texas crude front month's up more than $1 so far.

EURUSD

I'm not going to speak for Gator; he's extremely knowledgeable, but my take is that he's referring to the main users of Middle Eastern oil. In the US, we're actually awash in oil. That's the big reason for the ~$20 split between West Texas ...

EURUSD

That's a whole lotta political instability; I don't think all of it's being priced in. Bahrain was a surprise to me. It'd be one thing if this were limited to areas of the world that don't have the strategic importance of the Middle East. The impact ...

EURUSD

Looks like things are getting even more unstable in the Middle East. Bahrain, Libya, Yemen, Syria, Algeria, Sudan, Yemen, Iran, Morocco, Jordan, Iraq. Now Kuwait. Sunday will be interesting to watch.

EURUSD

Stay away from commodities until you understand what you're doing. If you don't even understand that you're looking at different contract months, you're going to get your clock cleaned. Front month is normally what's quoted; $85ish. The chart you ...

EURUSD

Dude, I don't have any secrets to reveal anymore. Six months out of the organization and most things you knew have changed. Nothing in my post was sensitive. Look, here's the unclas agency website: url You'll find more information in there than ...

EURUSD

I didn't find that to be the case. I just retired last September from a position where I was working at the National Security Agency (NSA/CSS) dealing with cyberterrorism. I coordinated interagency and other countries' organizations and found that ...

EURUSD

History doesn't always repeat, but many times it rhymes. url ... I have no firsthand knowledge but I'm willing to bet that a similar movement is already in place. IMHO, the generals overplayed their hand by aligning with Mubarak and are now losing ...

EURUSD

No setup/double cross, IMHO. Just a tactical blunder on the part of Mubarak and the Generals. September elections aren't going to work. The best strategy would've been to step down, hand power to the VP and call for elections in 2 months. I'm very ...

EURUSD

Yep; I don't consider that to be bullish for the EUR. I'll be paying a close eye on Egypt over the next 12 hrs. Mubarak's speech won't get 'er done. This is going to shift more power to the military ... it's their call on how long they'll tolerate ...

EURUSD

I'll have to respectfully disagree with the concept of a single Arab Muslim country or even combining several countries into one. Too many tribal differences. The single factor that would unite the Arab world is Israel and I don't see that as being ...

EURUSD

That's an understatement. Bigtime risk off trade in play + oil prices go parabolic northward. I'd expect lock limit up (LLU) on oil - although that doesn't mean much, as LLU is a $10 move and if I recall correctly, it only does a halt for ...

EURUSD

Yes, but isn't Crown Prince Sultan Abdul-Aziz worse? Not that it matters much; rumor is that Prince Sultan has alzheimers. Next in line would probably be Prince Nayef, another dirtbag. I love this article about one of his wives: url I haven't set ...

EURUSD

I'm still kicking myself for not taking a large long position on corn a while ago when I looked at the data and expected major food inflation. However, that was due to weather patterns (I'm expecting the next couple of years to be bad for crops), ...

EURUSD

Yep. That's the downside of debasing currencies. QE (quantitative easing) is a big part of the commodity problem. But the bernank's (along with most of the Fed) too much of an academic idiot savant to understand how things work in the real world. I ...

EURUSD

It sounds like a transition, with the VP being the temporary pres with military control. ... one talking head (think former ambassador) stated that the constitution calls for elections two months after the president steps down.

EURUSD

CNBC just announced that NBC is reporting that Mubarak will step down this evening (I'm assuming US time; morning in Cairo) and the VP will become President. Good luck to all of Egypt.

EURUSD

The Middle Eastern markets are screaming risk off. I would expect the same when Asia opens, since they were closed before the Egypt protests went into high gear. url Egypt turmoil rattles Middle East stock markets By ADAM SCHRECK, AP Business ...

EURUSD