Hello. As the debt ceiling debate is the hot topic these days, most articles below are related to it. Please share other links if you’ve read anything interesting on the debt ceiling issue. More Debt for Your Money (Daily Reckoning) Road Map To Ruin (ZeroHedge) Flee to Mars if America commits worst error since 1931 (Telegraph Blogs) The Swiss Read More
Dollar Down on Debt Ceiling Fears
Quote of the day:“Do not condemn the judgement of another because it differs from your own. You may both be wrong.” - Dandemis Good morning. The dollar losses more ground across the board on debt-ceiling fears, before the debt limit vote, as the market is pricing in the risk of downgrading the U.S. credit rating. Basically Read More
Tuesday Links 7/26/11
Good stuff to read today: The Kabuki theatre of America’s Debt Ceiling (Telegraph Blogs) Goldman On The Various Deficit Reduction/Debt Ceiling Plans And Immediate Next Steps (ZeroHedge) The US debt ceiling: What if the talks fail? (The Economist) The extraordinary experiment of a chimp raised as a human child (Mail Online) Norway attacks: Anders Behring Breivik appears insane, says Read More
EURUSD Breaking Above Trendline Resistance
Quote of the day:“Strong reasons make strong actions.” - William Shakespeare Good morning. The consolidation near resistance at 1.4400 is over and the euro continues to climb higher towards 1.46-1.47 resistance zone, as pointed out in my post yesterday. The rally is caused by a weaker dollar, as the greenback is in free-fall mode against the Read More
- Continue reading: EURUSD Breaking Above Trendline Resistance
Monday Links 7/25/11
Here is today’s collection of links: A Look At Events In The Week Ahead: All About The Debt Ceiling…. Again (Zero Hedge) Timeline: How U.S. debt talks spiralled into crisis (Reuters) Obama and the other deficit (The Washington Post) Who owns America? Hint: It’s not China (CNN Blogs) Dominique Strauss-Kahn’s accuser goes public as case nears collapse (The Guardian) Europe’s Read More
EURUSD Holding Near Trendline Resistance
Quote of the day:“Insist on yourself; never imitate… Every great man is unique.” - Ralph Waldo Emerson Greetings. The euro is still in consolidation mode after last week’s rally but remains bullish on short-term basis as support into the 1.4320-1.4350 range holds. The said support is backed b a more important barrier near 1.4250, so if Read More
- Continue reading: EURUSD Holding Near Trendline Resistance
Euro Set for More Gains on European Debt Optimism
Quote of the day: “Think like a man of action, act like a man of thought” - Henri Bergson Good day all. The euro is up across the board as European leaders eased the terms of loans for countries in trouble and expanded the aid for Greece. In case you missed it – yesterday I shared Read More
- Continue reading: Euro Set for More Gains on European Debt Optimism
Thursday Links 7/21/11
EUphoria rules and can be seen on most charts today, as Greece has been saved (again!) and the euro rallied, currently trying to stabilize at ~ $1.4370, before testing more upside – eventually. Here’s a collection of links on (but not only) today’s hottest topic – the European Summit. That eurozone summit draft — annotated (FT Alphaville) Read More
Euro Recovers on Debt Optimism Before EU Summit
Quote of the day: “Absolute faith corrupts as absolutely as absolute power.” - Eric Hoffer Good morning. Big day ahead for the euro and the pair gains before the summit, testing offers around $1.4260 after Germany and France reached an agreement on Greek debt. Last week’s top is currently tested and it seems that the euro Read More
- Continue reading: Euro Recovers on Debt Optimism Before EU Summit
Wednesday Links 7/20/11
Hello folks. Here’s a daily dose of links: The magnificent strength of the euro (Telegraph Blogs) Pressure Mounts on Greece Meeting (WSJ) Only Germany can save EMU as contagion turns systemic (Telegraph) British Leader Defends His Actions in Hacking Case (NY TImes) Gold To Rise On $14.3 Trillion U.S. Debt Limit Increase – Bloomberg Chart of the Day (zero hedge) Read More
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