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Category: Forex and Futures Commentary

The Euro Drifts, Still 400 Pips Higher Than October Low

Update: I've been active on Twitter today walking through these motions on the drop.  Please refer to the feed for some quick explanations in terms of how this gets approached and as it moves. I am always
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Jim Rickards: The U.S. is the World's Largest Currency Manipulator

While I am not one to watch / browse much of anything posted on CNBC, I came across this interview via another blogger, and found it to be one of the better summaries in terms
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Current EUR/USD Levels: Where They Are and Why They're There

While I try to keep things simple, this post is all technical. I am asked many questions surrounding these areas all of the time. Below is an attempt to be very specific in regards to
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Fate and Papandreou

Rumor mill is in full operation again today regarding the fate of Papandreou. Facing heavy criticism for his call for the referendum, the BBC originally announced that an “unnamed source” explained that Papandreou will resign.
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Not Enough Volatility? ECB Announces Rate Decision Tomorrow

With an already massive storm of events this week the Euro Zone has yet one major scheduled hurdle to get past: tomorrow's ECB rate decision. Consensus is pointing at UNCH with a handful of dovish analysts looking
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More Leverage, More Support, More Handshakes, And We're Done

The “ultimate solution” devised at this summit was also the most predictable…..more leverage, more support, more handshakes, and we're done.  Why?  There is nothing else they can do.  No creativity came out of this one.
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Trading Tomorrow's Emotional Trainwreck

With tomorrow unofficially being declared as “who gives a shit other than everyone on the planet” day in the Eurozone, one thing we can expect is a lot of money floating in and out of
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A Spectator's Guide to the Euro Crisis

As EU leaders slug it out blow for blow this weekend, putting everyone on edge and ultimately acting as an EU equivalent of the recent US Congress, we're presented with an overlying spectrum of the
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Wednesday…..

Time to get serious? With the Euro reaching higher and higher lately on an all out “risk-on” play, we have somewhat of a more solid timeline in terms of when to expect any serious decisions
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