Update Nov30th, 2011: With the news this morning that the U.S. Fed led coordinated central bank action to to cut dollar funding costs, the Euro is up about 1.4% . In some ways this news …
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With the world equity markets screaming today, there is one thing that sticks out to me like a sore thumb, The Euro vs the U.S. Dollar only up 57 bps. At the very least …
Continue readingUpdate Aug 8th 2011: I am closing this position (below) with FXE at 141.74 and the Fly at .30 for a small gain……with the FOMC meeting tomorrow I am hard pressed to see anything that …
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Some interesting moves in global currencies today as several players around the world have made interventionist moves. First, the Swiss: The Swiss National Bank took the market by surprise by announcing what amounts to another …
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First, my usual disclaimer about currency trading through equity options: I am no expert on currencies or macro trends and profess no specific expertise to correctly forecast them ….So there, I said it, but every …
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7/12 Update I’m taking off another 1/4 of the original trade, selling more of the Fly out at .35 Last Update I am taking half off here at .33 which is double what I …
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Last Update I am taking half off here at .33 which is double what I paid for it, and now have taken my cost off the table and can’t lose money on the other …
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Today’s action could be a little moment of truth for the strength of the rally off of the recent bottom…..Many were left scratching their heads as much of the early start to the rally was …
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I Bought the structure below when the FXE was at almost the exact same spot last week……in that time period it looked like the Euro was going to break down against the dollar and traded …
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FXE: The Euro vs the Dollar has been trading very technically of late and in some ways like a yo-yo between weakness related to sovereign debt issues in Europe and the potential for a weaker …
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