EUR/USD just started a short squeeze nightmare. My condoloncies to anyone that was on the wrong end of the trade.

EU Summit Headed for Failure – EUR/USD Drops

There doesnt need to be anyone buying at this time. This is a massive short squeeze. Expect the same to stock/bond marked for a couple of days.

EU official: Banks to take 50pct cut on Greek debt

This just goes to show how irresponsible politicians are anywhere in the world. The opposition just wanted to vote no to topple the government. They did it. Now they'll revote and pass it, I bet still this week. Politics are the cancer of any ...

Slovak parliament voted NO on EFSF again

He was for tech as Buffett is for investing. A never wavering lance in the midst of chaos.

Steve Jobs the co-founder of Apple has died

Forex strategists are worthless for the most traded pairs. The mean value between them is almost without exception 1/2% away from where the market is at any given moment. There's no real tug of war, just worthless estimates. I say 1.5, you say 1, ...

Euro-Dollar at 1.29 By Year-End: Strategist

Finally someone who understand geopolitics. Greece is EU last frontier to the southeast. It's the bastion of democracy, the pilar of all that the EU should stand for. If the simply let it go, what message does it give to the world? It would be a ...

What happens after a Greek default

This means central bankers are tired of the political bullshit and are preparing to everything. Politics are the problem right now, not banks, but it was the banking system that was taking the heat. Heat is off, back to politic.

ECB announces additional US dollar liquidity-providing operations over year-end

And banks need to get a lot more capital too. Too much leverage still going on in Europe. The US banks are right to complain. The EU needs to put more pressure. But it's not the proper time to do that... yet.

Jefferies Describes The Endgame: Europe Is Finished

And it has begun: url

Jefferies Describes The Endgame: Europe Is Finished

They have to say this. That would mean austerity is a failure and would open the doors to restructuring in all PIIGS.

European Commission: Orderly restructuring of Greek debt is an illusion

From all I know, Ireland, Portugal and Spain are doing a pretty positive work so far, only Greece and Italy are slacking, but they had strong "ear pulls" and it seems they will too be faring better. All that's needed now is a roadmap to calm the ...

Jefferies Describes The Endgame: Europe Is Finished

At this point in time, states within the United States of America hold more sovereignty than the PIIGS and as the crisis widespreads, France and Germany are left holding the potato, meaning their sovereignty is also being afected. Preemptive measure ...

Market crash 'could hit within weeks,' warn bankers

The EMU wants to be like the US. US never had any civil wars after being united into the US. Both EMU leaders are lacking the determination the founders of the EMU had to make it done. We need a EMU finance minister. We need EMU bonds We need QonQ ...

Market crash 'could hit within weeks,' warn bankers

You can't be serious by comparing the effects of currency appreciation on a mammoth exporter like germany and a tiny spec like the swiss... Chinese spend trillions of dollars keeping their currency low. Otherwise would be game over for them. You ...

Market crash 'could hit within weeks,' warn bankers

Now we have to agree on agreeing

The weight of the world is on Bernanke's shoulders

@riqpa: last time germany was in a depression people burned mark notes just to keep warm. Then came right wing nazis. Then the world war came. That's the whole basis of the EMU. To prevent another war. Right now, germany is on the right track to get ...

Market crash 'could hit within weeks,' warn bankers

Your're either too young or too far away to understand. I take no offense in that.

Market crash 'could hit within weeks,' warn bankers

There were only 1 country in the EU experience inflationary wage pressures: Germany. Rates rose, twice. I'm sure that was done with the whole EU in mind. I've worked 7 years in Brussels and there are only 2 voices that matter for EU policy. French ...

Market crash 'could hit within weeks,' warn bankers

Germany can devaluate the mark as much as the swiss or japanese. Germany is a leech on the euro. So yes please, leave the euro and let the southern europe default. That's all they need to improve. The only one's that would lose in that equation are ...

Market crash 'could hit within weeks,' warn bankers

Germany would enter a depression within 18 months of leaving the euro, after the mark appreciating like 50% on the euro and usd. No exports = goodbye germany. Helmut Kohl knew this too well, that's why he's so infuriated at Merkel's inability to ...

Germany fires cannon shot across Europe's bows