Posts by "cat0nip"

once again unusual volatility in Sydney fx market - low liquidity big orders? GBP? not tradeable market.

GAY MOUNTAIN ?
I notice Al gets a bit nervous about EUR....Draghi magic....
I have another idea....EUR continues to be the weakest of all majors, relatively. A good explanation is ECB is out of liquidity... because of LTRO payback, he he. In a fiat money system the value of a currency approximates zero when all debt is payed off. In a fiat money system the value of a currency approximates zero when there is no liquidity to pay off debt.
So we know there must be an optimum.
If anyone feels the need to make a donation...I take dollar and pound cash.

Yes indeed. The recently published ECB data don't show any repayment.

EUR was the weakest and JPY the strongest currency today. Now NY close the difference gets even higher. GBP profited from Richard III ( a better idea anyone?) and ooops so many analyst's were stopped out....I became suspicious when GS turned - officially possibly not internally - EU long. USDx chart seems to rise from a bottom. Thus it can get worse for EURUSD. I am still short except EURJPY that short trade is closed.

Car park skeleton confirmed as Richard III

A skeleton found in a Leicester car park has been identified “beyond reasonable doubt” as the remains of Richard III, ending a centuries-old mystery of where he was buried.

That makes Britons so admirably their british humor.

The late King's car was also spotted, a 1480 vintage Rolls Royce
Silver Plantagenet Convertible. In mint condition. Except that the gas tank was emptied.
Marty Feldman was the greastes comedian of all.
"Every Home Should Have One"