Down 1.3%, and counting. Oil prices are reversing hard. Greek presidency bid failed and they’re now speculating Syriza could be in power in just over one months time.
I’ve only got 25% on the table, I’m going to hang out for a few days. But I’m not adding more anytime soon.
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Unless you feel your
picks are in danger of going
out of bus. the odds are working
for you
eurusd is going to 1.215-1.22 area, then it’ll bounce hard.
The Greek elections are a multi-week story. It might cause vol, but it’ll follow a script. The Syriza will come into power, and immediately become more conventional. No one really wants to leave the Euro.
1) EURUSD rallied because long USD is a long-carry play. Look at the sell-off in US 10 year rates. Basically, short Euro is long risk assets.
2) Greece probably did play a role, but minor
3) Russian default seems off the table. Putin fired his cannons and obliterated the specs.
Greece is only10 mil. people
irrelevant
Euro war 80 to the US dollar not too
long ago . America survived just fine
Growth in American jobs is what
matters