Archive for euro

Video: My Favorite EUR Trades

Was on Bloomberg TV this afternoon talking about how to trade the Euro – my favorite trades are EURJPY and EURGBP

Talking with CNBC Asia about ECB and EUR

I was on CNBC Asia last week talking about how proactive the ECB will be in light of Europe’s sovereign debt troubles. Sorry for the late post!

Does Sell in May, Go Away Apply to EUR?

There is a very old saying in the stock market that goes “Sell in May, and Go Away.” This pertains to the notion that investors should cash in on their investments this month and take the summer off because June, July, August and September have traditionally been some of the worst months in the equity [...]

Chart: ECB LTRO Reaction in EUR and Stocks

Next week, the ECB will conducting their second long term refinancing operation. The impact of their first LTRO was significant – in fact, it sparked the stock market rally. If the uptake next week is anywhere close to EUR1 trillion, we could see a similar reaction. The following chart shows how the [...]

Chart: ECB LTRO Reaction in EUR and Stocks

Next week, the ECB will conducting their second long term refinancing operation. The impact of their first LTRO was significant – in fact, it sparked the stock market rally. If the uptake next week is anywhere close to EUR1 trillion, we could see a similar reaction. The following chart shows how the [...]

CNBC Video: My Outlook for Euro

Here’s a clip from my CNBC Asia Guest Hosting slot last night. We talked about the EU Summit and my outlook plus levels for EUR

PIIGS – Italy Sovereign Debt Outstanding

Contagion fears have rattled the markets today with everyone worried about the crisis spreading to Italy. The reason why investors are so nervous today is because the Italian economy and its total amount of debt outstanding far exceeds that of Greece. The following chart shows the total amount of foreign claims on [...]

EUR: 6 Hurdles to Overcome Greek Debt Crisis

Why has the rally in the EUR been so lackluster? Because there are a still 4 3 more hurdles to overcome before we can put the Greek debt crisis behind us.
The Greeks have jumped over 2 hoops on their own with one more expected to be cleared once the Greek implementation vote is completed [...]

Which Countries are Most Exposed to Greece

Here’s an awesome graphic of which countries are most exposed to Greek debt. If Greece defaults, France and Germany will suffer the most

Chart: Euro and Impact of Joint Intervention

The following chart shows how the EUR/USD traded after the G7 joint intervention in Sept 2000. The EUR/USD made a new low and the ECB followed up with more intervention a month later which finally carved out the bottom. Will USD/JPY behave the same way?