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European morning wrap: I don’t like Mondays. Really, I don’t…

By   || February 13, 2012 at 11:18 GMT
|| 22 comments || Add comment

When all said and done that session was really just one big pile of cack.

The Greek yes vote Sunday gave us a bit of a risk on trade, but there’s been little meaningful followthrough.

EUR/USD sits at 1.3260 from early 1.3250, having been as high as 1.3283.  ACB buying lent some support.  Mumblings BIS sold up around 1.3275, but we never did manage to get confirmation. Oh well, shit happens.

Talk of sizeable 1.3300 vanilla option expiry today (said to be for a yard. that’s one billion to you folk  who haven’t a clue)

Also talk of buy stops gathered just North of said level .

Cable marginally firmer at 1.5815 from early 1.5785.  Talk of sell orders clustered up at 1.5840/50.

USD/JPY touch firmer at 77.67 from early 77.58.  Well I did say “touch”  Risk on trade and firmer US treasury yields will be lending pairing support.

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22 Responses to “European morning wrap: I don’t like Mondays. Really, I don’t…”

  1. Lars on February 13th, 2012 11:39 GMT
  2. Balmain Boy on February 13th, 2012 11:59 GMT

    You’re additional personal comments are increasingly sounding like an aggrieved ex-finance journo / failed broker who doesn’t have quite enough in the pot to retire gracefully and has now resorted to air his disgruntlement to the useres of this website .
    It doesn’t look pretty .
    Maybe think you should take your ball & go home – quietly …

  3. Gerry Davies on February 13th, 2012 12:03 GMT

    Bollox :)

  4. Gerry Davies on February 13th, 2012 12:04 GMT

    Never broked in my life….

  5. Gerry Davies on February 13th, 2012 12:05 GMT

    Maybe you should just piss off if you don’t like it……. ;)

  6. Gerry Davies on February 13th, 2012 12:08 GMT

    I had record readership everyday I worked last week, including Sunday!!! So go kiss my big fat hairy arse :)

  7. Gerry Davies on February 13th, 2012 12:09 GMT

    Thanks for waking me up by the way :)

  8. Annie on February 13th, 2012 12:10 GMT

    Breathe Gerry…. those comments weren’t worth a response

  9. rose on February 13th, 2012 12:17 GMT

    But dear Gerry.. we can’t have our dreary Mondays without you bc then it’s no fun at all! As usual appreciate you taking your time out (during your w/end) to provide information/resources pre the Asia open. Cheers v much!

  10. Gerry Davies on February 13th, 2012 12:19 GMT

    I enjoyed responding to be honest Annie. It gave me the chance to mention the record readership I got yesterday :) I’m quite used to the occasional maggot that turns up to abuse me, and take little or no notice (unless I want a bit of fun or to blow off a bit of steam)

  11. HMR on February 13th, 2012 12:21 GMT

    Another plum fails to understand sarcastic humour. :-D
    Must try harder Gerry ;-)

  12. Annie on February 13th, 2012 12:21 GMT

    Carry on then… and congrats on the record readership I love you and my Dad loves you;)

  13. Gerry Davies on February 13th, 2012 12:23 GMT

    You’re most welcome Rose :) Unfortunately, unless I start getting paid overtime for doing the weekends I’ll be stopping as soon as Spring arrives…..

  14. Siva on February 13th, 2012 12:24 GMT

    Gerry, you cannot make everyone happy all the time. I am happy that I found forexlive, and it has helped me advance my career in forex trading. As part of the team, you have helped me immensely. Thank you Gerry.

  15. Gerry Davies on February 13th, 2012 12:25 GMT

    I need to get enough in the pot to retire gracefully ;)

  16. Gerry Davies on February 13th, 2012 12:29 GMT

    Siva, please don’t worry. My personal readership numbers are simply stunning, which tells me all I need to know… ;)

  17. Gerry Davies on February 13th, 2012 12:31 GMT

    And as for the survey responses; I just never knew I was soooo popular ;)

  18. Gerry Davies on February 13th, 2012 12:32 GMT

    Oh well, this has helped kill half an hour, 12.30 already and nearly home time. yipeeeeeeeeeeeeeeeeeeeeee

  19. Daniel on February 13th, 2012 13:18 GMT

    Gerry, I thought you are working from home anyway? What do you mean by home time? Pub time I guess? ;-)

  20. Gerry Davies on February 13th, 2012 13:27 GMT

    Oh yer, you’re right Daniel. I keep forgetting, I’m already home ;) That’s a relief then, no commute…..

  21. Gerry Davies on February 13th, 2012 13:30 GMT

    “Plum”, I love that word HMR :) Sums some people up rather nicely ;)

  22. Gerry Davies on February 13th, 2012 13:31 GMT

    Cheers Annie. Say “hello” to your Dad for me :)

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