European morning wrap: I don’t like Mondays. Really, I don’t…
- German EconMin Roesler: Greek decisions good, but need implementation
- China’s CIC chief: European govt bonds not ideal for long-term investors like CIC
- German auction results
- Italian auction results
- Germany’s Carthaginian terms for Greece – AEP at The Telegraph
- Britain to avoid double-dip recession says CBI – The Telegraph
- Spain unions decry new labor rules – WSJ
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.

AUTOREFRESH 













http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/01/Dimo%202.jpg
is that funny? dont think so!
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 …
Bollox
Never broked in my life….
Maybe you should just piss off if you don’t like it…….
I had record readership everyday I worked last week, including Sunday!!! So go kiss my big fat hairy arse
Thanks for waking me up by the way
Breathe Gerry…. those comments weren’t worth a response
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!
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)
Another plum fails to understand sarcastic humour.
Must try harder Gerry
Carry on then… and congrats on the record readership I love you and my Dad loves you;)
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…..
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.
I need to get enough in the pot to retire gracefully
Siva, please don’t worry. My personal readership numbers are simply stunning, which tells me all I need to know…
And as for the survey responses; I just never knew I was soooo popular
Oh well, this has helped kill half an hour, 12.30 already and nearly home time. yipeeeeeeeeeeeeeeeeeeeeee
Gerry, I thought you are working from home anyway? What do you mean by home time? Pub time I guess?
Oh yer, you’re right Daniel. I keep forgetting, I’m already home
That’s a relief then, no commute…..
“Plum”, I love that word HMR
Sums some people up rather nicely
Cheers Annie. Say “hello” to your Dad for me