Correction from oversold conditions based on exaggerated fundamentals

Perfectly normal EURUSD 50 pip move on nothing

Awesome stuff about bloody time this correction took place. Poor fellas at conspiracy/doomsayers HQ aka zerohedge ,you guys lost a few pennies by the sound of the sarcastic tittle .

Perfectly normal EURUSD 50 pip move on nothing

The coordinated action is only meant to provide liquidity if needed should things go pear shaped after Greek elections, in other words , should Greece's vote aka Euro referendum go balls up , they will be left in the shit by themselves as opposed to ...

G20 sources say central banks preparing for coordinated action

Modern day empire building can not be achieved through the military complex as in the olden days ,but yes through the financial complex, Banks are the new barracks and bankers the new warriors,as for the rest of us we remain the same subservient ...

EU says banking union on agenda for Barroso-Merkel meeting

...and if Greek elections favor the pro EZ camp(which they obviously will given the blatant manipulation taking place) , wave goodbye to any ideas of shorting the Euro . Been a good couple of weeks making some profit from the Greek rebellion along ...

Portugal passes fourth EU-IMF bailout review

I dare say that the way Greece is portraying itself to the world with their severe amounts of incompetence, ignorance and irresponsibility , it is only a matter of time whereby the fate of the Euro and the EZ actually turns bullish to bad news ...

Conservative Greek Leader: No deal on government - EURUSD sliding

The kind of headline you would expect from a newspaper operating at a time of a banana shortage crisis ,when all their writers are monkeys frantically printing utter BS away in the hope of getting their 5 a day in banana portions as compensation for ...

The final death throes of the euro

If I had a pip for every prediction about the downfall of the Euro , I would probably have enough money to bail out the whole of Europe myself. I feel compelled ,however,to also play Nostradamus and predict that history teachers will one day be ...

Crisis escalates as insurrection breaks German control of Europe

What I find interesting is that USD/CHF spiked up over 50 pips whilst the USD/JPY did the opposite and opened about 25 pips down from close on Friday,and there really isn't any data from Japan or Swiss to influence such a move considering they are ...

Hollande Defeats Sarkozy in Shift of Power to French Socialists

Having lived and worked in Brazil , I can assure anyone in doubt here ,that their economy, as most likely that of China or any of the Brics (possibly excluding Russia) is very much dependent on the West ,the country does have vast amounts of natural ...

The Great Fall of China

And what exactly do you see in the market that says buying is sensible , other than a great deal of ignorance from the EU officials in relation to what is really taking place

Webcast of the ECB press conference 3 May 2012

Whilst I am mostly bullish on the Euro in relationship to the USD ,hearing Mario's usual broken record mumblings makes me sense that any moment now this damn pair is going to nose dive into a bottomless pit.The constant manipulation of this pair ...

Webcast of the ECB press conference 3 May 2012

Holy shit finally something that got the Euro and Pound to drop 20 odd pips .Nevermind a recession in UK or the EZ in another fine mess to add to all the other shit happening there.Hallelujah there is a forex God and he has a messenger called a ...

S&P downgrades Spain to BBB+ from A

If I had a pip for everytime the Euro visited the 130.xxs and then returned up to 132.xx . To put it simply the E/U is ranging, it was doing so at the peak of the Greek crisis and as been doing so ever since and most likely will stay that way. There ...

Spanish fears continue to drive markets lower

Says the pro who needs an intervention to make money, try learning about technicals and fundamentals sometime, babypips.com might be a good start ,assuming you actually do intend to learn to trade forex rather than just being a blind hopeful gambler ...

Jordan: SNB Can't Exclude EUR Being Offered Below CHF1.20 In Future