Probably too many expected a strong USD for Ret. Let's see
bali sja 06:41:11 GMT - 03/10/2014
Syd sf, if it does not go down, it will go up instead...
Syd sf 06:20:31 GMT - 03/10/2014
yeah I posted that last week
I guess my point was more the market really hasn't reacted at these levels .. it's just sitting here - which I find curious.
Mtl JP 02:51:09 GMT - 03/10/2014
sf apparently European banks - who according to the Bank for International Settlements (BIS) hold more than $23 billion in outstanding loans - could lose big in Ukraine. Italian banks, for instance, have loaned nearly $6 billion. - according to piece in atimes
I d have thought 200+ billion would start to qualify as "big". Is 23bn really "big" ?
Syd sf 02:13:05 GMT - 03/10/2014
I think Gold dropping $10 had an effect on the early morning dealing till now
but if that recovers then probably most else will too.
$yen I don't feel bearish on it - but I do think it's going to fall into a Range - so you can't chase it higher at the moment.
the eurusd - I don't agree the number friday was all that good - in that it would cause a trend change -- but probably with as many people looking at 1.40/1.42 now -- > it can probably go sideways for a few days first... which is healthy.
this whole Russia/Ukraine Story - I can't wrap my head around it too well -- I'm sure it should be having a greater effect than its currently having -- but maybe that comes when some shooting starts.
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