we most likely have quite a few months of institutional hedging built up in the event of a debt default. In the event of a settlement, and if the risk of a debt default passes, we may see an extended period of unwinding. Of course, should a debt ...

Not debating it, or if it works…. I thought it was hilarious how you included that video link with your EU chart.

If EU follows gold then watch out below. There MIGHT be a double top forming with the top from April of last year.

Credit default swaps blowing out on deutsche bank… Fear…….. Moves markets edit: might be why we see Yen buying & Aussie selling. Although this might also be the Asia shake out, time will tell.

Thanks for the post! I can see why the USD would rise (risk-off) once this heats up on the macro side, along with the Yen of course, and falling yields... For now though, as you mentioned everyone has been trained for long the E/U pair since the ...

I don't see how this is good for the USD no matter what is done/said today. Anyone have thoughts on how this could be bullish for the USD (even if they did a .50 shock). The current news cycle is against the USD, and it may take a bit before the ...

For sure... It's one of those day's that it makes sense to sit on the hands (or trade small), but some do really well during these events while others get their account smashed.

When a carpenter cuts a piece of wood sawdust falls to the floor, and he may also take the scraps of wood leftover and build other things since it's the material he uses when he builds. It's understandable that the ingredients used in the physical ...

If we blink in these times those numbers could be the opposite direction. Volatility comes 😉

“UBS also agreed to a softening of a material adverse change clause that would void the deal if its credit default spread(s) jump, they added. The material adverse change clause applies for the period between the signing and closing of the deal, the ...

LOL…. The speed of the propaganda is insane. they’re already trying to plug the holes but there’s 1 million of them and they only have 10 fingers. The CHF it’s going to get pain from this:

This shows a complete lack of belief in the deal, and will most likely cause extreme fear and an uncertainty dynamic to enter the market. The Swiss trying to shore this up over the weekend may have actually caused it to get even worse!

This = “no deal” That cds threshold is a guarantee, plus a bunch of other digits. This is going to cause fireworks this week:

I also noticed this…. Often xe is off a bit, but this is quite a bit more than normal. It could be that it will balance out before market open, or it may gap down. It could have been a pump & dump today.

I’m in a similar position, but the rise in gold is concerning…. That said, it hasn’t been well correlated with usd pairs like usual since the bank situation which is most likely because nobody is exempt from the pain on that dynamic. Gold will get ...

url Something like that?

If these levels don’t hold I see a fall to 1.0300/1.0250 or 1.0100/1.0080 ish. Doesn’t look great on the bigger chart unless it breaks & bounces hard or unless these current levels hold. On the rate situation, all central banks are going to be under ...

We should expect high amounts of unrealized losses in all of these markets where it was expected that rates would NEVER significantly rise on sovereign bonds. usa- from.25%, now 4.75% canada- from .25%, now 4.5% uk- from near 0%, now 4% eur- from ...

We might see positioning all the way up until CPI from this post... We don't know if it's true, but if so it would make sense for the Euro to spike vs USD and when we consider the pressure that the Fed will have now that we have a massive bank ...