Jul

12

The infinite creativity of the market mistress, (who must be very good on the romantic front) gives us and me, a 1% down open after an unchanged day, vis a vis close and yest open to close, to help relieve the weak from their funds in a summer month.

Anatoly Veltman writes: 

I listened carefully to everyone at the annual FX WEEK conference Tuesday at NY Hilton. The complacency toward the EUR currency trading levels was stunning: some called 1.22 bottom and rally to 1.32. I was profoundly baffled. Yes, there may be opportunistic pops here and there - but that currency is conceptually doomed. I wonder if equity holders will ever want to take this doomdom into some consideration


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  1. William Hansen on July 18, 2012 5:34 pm

    Look where we are today with the EUR.

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