Order central: Monday
- 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.

AUTOREFRESH 













Greek banks down 6% again
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.
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?
New lows for greek banks down 7% with under an hour to go
good stuff in california, if they legalize it they can solve the usa debt.
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
Hmmm… like The Candle Makers of Mr. Frederick Bastiat
) tax the weather or better tax the Sun for competition
))
Thnx limitUp. EUR/USD just sits and waits for nothing