EurAnalysis

Russian finance minister says Cyprus is seeking a EUR 5bln loan from Russia.

Source: http://avafx.talking-forex.com/live

This is an interesting twist... Borrow from Peter to pay Paul.

It's Mr. Draghi to you
I'll call Mario brb..

http://www.ritholtz.com/blog/2012/07...Big+Picture%29

Max Keiser Goes BALLISTIC on Barclays/Libor

Date: July 4, 2012
Author: Barry Ritholtz

Finnish FinMin Teacher took her words back and said that they are committed to Euro and see it as a benefit...

Jutta spoke again without thinking first... She is such a joke...

He don't answer to my calls after I sent him a picture I draw of him.

Hey PT no contest today

He says he's sellin usd and euros and buying into unicorn meat a rare commodity that will help bail out Europe

http://www.onemoregadget.com/wp-cont...icorn_meat.jpg

What's your call Luis ?

48K

why did no one tell me its friday, i do not normally trade on friday lol. Anyway i took a few scalps earlier adding upto almost 50 pips and i think i will shut the pc down and go chill out. Its been a good week and i hope all you guya prospered. Take care

Nah.. We'll give it a miss today coz I'm not feeling well. It seems I am a bit hung over from too much celebrating last night

How you get price overlay on the screen?

You never asked
Also, I didn't realize you needed babysitting in Forex.

Friday, July 6, 2012 7:43:20 AM


7:42 AM The SNB's foreign currency reserves climbed nearly 20% in June to CHF 364.9B as the bank frantically bought up every euro in sight to hold down the franc's value. At this pace, the SNB's reserves will top the country's annual economic output this fall. "(It) isn't a problem for the SNB yet," says a strategist. (Read the comments on this)


See more Market Currents on Global & FX

Magic marker... By the looks of it green
With a dry eraser

. Hey, we already have too many comedians in this thread (me included )
Very funny though

http://seekingalpha.com/article/7045...sk-on-currency

The Australian dollar's year-to-date performance against the U.S. dollar (FXA) is back to even. The leading "risk-on" currency has fought back from a large one month slide that featured losses of as much as 8.5%. It was also a time when the economic data seemed to confirm a weakening Australian economy. The numbers since the recent bottom now seem to indicate that the economy is just fine. Indeed, in its latest monetary policy decision, the Reserve Bank of Australia (RBA) seemed much more concerned about macro-economic forces beyond its borders than domestic developments. The end result is a currency that has shown considerable strength over the past month.

Against the U.S. dollar and Japanese yen, the Australian dollar has almost erased all its May to June losses. However, against a host of other currencies, the Australian dollar has performed a lot better. Only the New Zealand dollar has kept up with the Aussie over the past month. The following charts display the various performances (I have included stochastics for the technically-oriented crowd - note the extreme overbought/oversold conditions of most of these currency pairs).
(click to enlarge)http://static.cdn-seekingalpha.com/u...USD_thumb1.png



At the same time the Australian dollar has come roaring back, it has maintained the near perfect correlation it re-achieved with the S&P 500 (SPY) in May after three months of divergence. Thus, the Australian dollar in a sense is confirming the S&P 500′s comeback from the June low. I continue to look for divergences that could flag an imminent change in the nature of the stock market's rally.
Until then, I maintain my bearish bias against the Australian dollar that I re-established after the currency hit my relief rally target at parity with the U.S. dollar. I tweeted on Wednesday that I even sold a hedge in my long AUD/USD position. The RBA reminded anyone who chooses to listen that it thinks the currency's value is too high, and China's slowdown appears official as the government continues to ease monetary conditions. At some point, easy money should once again drive higher commodity prices for Australia, but the path from here to there should be very volatile. It is of course far from clear what the "new normal" will be once the easing cycle finally ends.
Be careful out there!

Okay let's have a contest, but you manage it.

My guess is 127K

ADD: the closest guess gets a voucher from me