I wonder how you come up with this argument. Indeed, I cannot and will not understand it in my life time. Do you believe in sacrifice? Like sacrifice queen to save the king. Today it is Cyprus, when is your turn? Are you untouchable? Or are you ...

Cyprus bailout not `template' for euro rescues, - EU

I know somebody has to pay. But the burden must be shared. I still don't get it and never will. If this is the way financial systems operate, then nothing I can say. Except a robber is a better person. At least the robber will go to jail for ...

Cypriot Finance Minister: uninsured Laiki depositors could face 80% haircut

This is too complicated for me. If I trust someone and I put money into their hand, I am expecting they respect my trust. At least they can write an IOU and when to return my money. They can go to someone else that will lend them money. If there is ...

Cypriot Finance Minister: uninsured Laiki depositors could face 80% haircut

This is not haircut, this is robbery. Imagine I put (lend) money to somebody, and they say they only have 20% to give back. Well, I am not getting into the issue. But this is insane and uncivilized.

Cypriot Finance Minister: uninsured Laiki depositors could face 80% haircut

Asian markets, China, Japan, HK, Korea, etc are different markets. They don't miss anything. It just money moving from places to places. To say they are correlated to DJ does not make good analysis.

China misses out on global stocks rally

EUR is yet to fall to touch mid 1.27. Then it will rise or fall further. Atm, it doesn't attract buyers and doesn't have strong support.

AUD/USD – Moves Higher to Within Reach of 1.05

Poor depositors. 40% haircut is not the same as 40% devaluation. But the result is the same as 40% value loss. Which one is better? With 40% devaluation, maybe Cyprus economy can't be kept afloat. But 40% devaluation applies to everyone.

Cyprus final bailout agreement is worse for the FX brokers

banks are closed. So, employees get free vacation. It's a good financial systems. LOL.

Cyprus banks remain closed to avert run on deposits

Bottomline is there is no rescue. Don't fall into sucking sands, if you do just prepare to be sucked in.

Dijsselbloem's U-turn creates chaos in the markets

There is room for EUR to drop to 127. But don't predict. Trade the price action.

After Cyprus, euro zone faces tough bank regime: Eurogroup head

We know what financial systems would become with 17 finance ministers and CBs and one printing machine. It would never be enough.

Short Relief But No Enthusiasm For The EUR

Just trade the price action. And put your SL. Don't predict now.

Last-minute Cyprus deal to close bank, force losses

EURJPY to 120. Enjoy the ride.

Last-minute Cyprus deal to close bank, force losses

It's a snake year. Snake is a symbol for medicine. Uh, this medicine tastes bitter.

Cyprus's Omirou says president has deal to discuss at Eurogroup

There is no place better, safer, and sleep better than under the pillows. Probably with bbs.

Moody's: Even with new deal, Cyprus could still default and leave the Euro

"the 17 euro-zone national finance ministers". Too many leaders, none solution.

Euro zone finance ministers to meet on Sunday over Cyprus

Having read an articcle, I am very surprised. The article is : url "The reality is the banks are still bust – even the ones making huge profits – and when – not if – when the next bubble bursts and one bank starts to bring down another – they will ...

Five lessons from a week of confusion in Cyprus

The last thing the Russian and maybe the world want is EZ to collapse. The Russian will accept 10% compared to 50% haircut. It's a loss and it must be cut. So, don't hope for Cyprus to collapse. The price tag is too high for anybody.

Cyprus examining levy above 10% on deposits over EUR 100,000 according to party official

Not so sure. probably gap up on Monday.

Cyprus examining levy above 10% on deposits over EUR 100,000 according to party official

The initiative is "to stabilize economies during periods of global financial crises". It is only useful when there is a global financial crises, nothing to do with normal situation. It is like buying an insurance. (BTW, I am not an insurance seller. ...

FX Heads up on BRICS