IFO Data Blowout; Euro Gaps
German IFO data comes in much stronger than expected at 109.3 vs expected 107.6. Euro's immediate reaction pulled it higher on the good news, quickly countered with some massive wallets looking [...]
The Euro Crisis In Numbers
Spiegel provides a big picture view of European Debt: Click here to view the entire gallery (9 images total).
Geopolitics and Sovereign Debt Take The Risk Off
Two, relatively small nations border each other, both packing some of the largest forces on the planet. With images of artillery shells exploding on South Korean mainland being viewed across the [...]
North Korea / German Finance Minster’s Comments Rattle Euro
German finance minister says: Euro is at Stake Germany is not swimming in money, but rather drowning in debt Hearing any kind of claims such as these from Germany poses a threat as Germany is [...]
Euro’s Rejections Today….Where and Why
I just logged into start my day and read a comment on the last post http://bit.ly/elyMUX that the 61.8% retracement also registered a good hit today during my downtime. Seconds later I see that [...]
Intraday Bounce: 50% Retracement Wins It
One way to slow down a trend:
NBT Quantitatively Eases Back Into Motion
Please don't get too excited by the title — we haven't decided to print money to give to our readers (though would not be a bad incentive….we'll let the U.S. Fed be our test dummies, [...]
