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Order central: Monday

By   || February 8, 2010 at 13:36 GMT
|| 8 comments || Add comment
  • Russian bids in EUR/USD at 1.3620/30; Offers 1.3715/20
  • Stop-loss sell orders in Cable at 1.5480
  • Exporter offers at 89.90/90 in USD/JPY, bids at 88.80/90
  • Japanese importer bids in EUR/JPY  at121.50

One chilling bit of talk in the market is that banks are unwilling to Greek banks in the overnight market. That’s what led to the demise of Lehman Brothers. Look for the ECB to provide unlimited liquidity to Greek banks in the near-term.

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8 Responses to “Order central: Monday”

  1. LimitUp on February 8th, 2010 13:41 GMT

    Greek banks down 6% again

  2. Adje on February 8th, 2010 13:50 GMT

    I get nuts with this market. when CB’s are getting in the market they simply ruin everything. Yet they blame prop desks and hedgefunds. would be nice to see them go away and let the market do it’s thing. This way the market has more moodswings than my GF.

  3. dcoios on February 8th, 2010 14:08 GMT

    Are euro stocks going to drop like US after lehman for following 6 months? Euro getting stronger like dollar after lehman fo 6 months and then drop to let’s say 1.20ish before stabilizing again around 1.35 or higher when california comes into play overshadowing half of european problems. By the way Can california ask for IMF assistance?

  4. LimitUp on February 8th, 2010 14:10 GMT

    New lows for greek banks down 7% with under an hour to go

  5. volpe on February 8th, 2010 14:14 GMT

    good stuff in california, if they legalize it they can solve the usa debt.

  6. dcoios on February 8th, 2010 14:21 GMT

    Volpe,
    Are you refering to the weather or something else? If I were Obama I would tax the weather first and demand payment in EUROs or OIL

  7. ALI on February 8th, 2010 14:23 GMT

    Hmmm… like The Candle Makers of Mr. Frederick Bastiat ;) ) tax the weather or better tax the Sun for competition :) ))

  8. Adje on February 8th, 2010 14:27 GMT

    Thnx limitUp. EUR/USD just sits and waits for nothing

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