While we’ve spent all this time debating when the U.S. Federal Reserve will raise the Fed Funds rate for the first time since 2006, there has been little discussion on wether the ECB will continue on its …
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Three years ago today, when Europe was in the throes of a sovereign debt crisis, ECB head Mario Draghi pledged that he and his colleagues would do “whatever it takes to save the euro”. They …
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The EUR/USD essentially matched its 52 week low from early September 2013 this morning: The gradual creep lower since the 1.3993 high in May has been notable because of how low volatility has remained even as …
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I view the Euro as a broken currency. The common currency continues to inflict undue hardship on the southern European countries, locking them in to an unsuitable monetary and fiscal regime that is fanning the …
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For efficient market theorists, the calendar shouldn’t matter. Who cares if it’s the 1st of the month or the 10th of the month, value is value. But market structure has certainly changed over the last …
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The Euro since 1975 was one of my first contributions to RiskReversal back in early May. It’s been a multi-year thesis of mine that we will see capital outflows from Europe. As an alternative to …
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Mon, Jun 4 – How do you guys decide to leg into a spread as opposed to buying the spread all at once? – C A couple of reasons including conviction, and timing, but the …
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May 19: I’m looking for a move in gold and I am thinking about a 160/170 or a 170/180 call spead. I was wondering if you could look at the option chain and see if …
Continue reading2nd TRADE UPDATE Jan 11th 2012 at 2:45pm: Since entering this trade on Nov 28th, the Euro is down about 4.5% vs the US dollar which for a currency is fairly sizable move. Now with …
Continue readingTRADE UPDATE DEC 14th, 2011 at 3:42pm: Since initiating my short exposure in the Euro on Nov 28th, the currency has sold off to support about 3% in that time period. The FXE Jan 130/125 …
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