Monthly Archives: May 2011

Greece is (still) the word.

Are you ready for the sequel? Yes, even if it feels somewhat surreal, the EU does indeed appear to be verging on throwing more bad money in the direction of Greece, after having last year thrown reasonably good money in … Continue reading

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#Euro Flash-Panic Morning Redux

Euro tumbled out of Asia into domestic markets amid feverish talk that Greece was verging on a snap election after the opposition there voted against latest austerity plans. Stabilization came around 1.40132 with reports of demand near 1.4025 – sovereign … Continue reading

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Don’t Get Dumped After The Pump (OTC:AAPH)

Tiny oil exploration & production company American Petro-Hunter Inc (OTC:AAPH) (and on Twitter $AAPH) is being mentioned, and mentioned, and mentioned on Twitter, right now. Yes, I mean it’s being pumped by those whose work is to pump stocks. Perhaps … Continue reading

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A USD/JPY Caution Pre FOMC Minutes

Don’t expect too much USD/JPY upside from the FOMC minutes. Some are expecting a fair bit. [The minutes are due to be released at 1800 GMT.] Given the perceived dovishness of Chairman Bernanke’s comments in the wake of the latest … Continue reading

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City of London Griffin by KProlingheuer on Flickr. #City of #London #Griffin at Royal Courts of Justice “guarding the edge of the square mile.” KProlingheuer on Flickr http://flic.kr/p/6dhXuk (Source: http://www.flickr.com/photos/20747879@N06/3420890247/)

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Euro survives Greece’s small incendiary, but issue smolders on

The euro is reflecting the small, well-timed, incendiary device Greek officials lobbed into proceedings towards the close of play on Friday. As we know, it started late Friday with Der Spiegel’s report that Greece was threatening to leave the euro … Continue reading

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RBA Hawks may have Long Hop in store The Reserve Bank of Australia’s Governor Stevens has created quite a conundrum ahead of its rates decision Tuesday,  in Asia-Pacific trading hours, 1430 AEST/0400 GMT He was very hawkish over the weekend. … Continue reading

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