The year 2011 has been marked with extreme volatility, much to do indecisive politicians that have not only shown a lack of decision making and slow response to changing environments, but that have actively worked their way towards the wrong direction and into a corner. As such, when I received the following quote from an
After the reuters story about a greek aid package I shorted the spike expecting a reversal for the rumor … DJ New Greek Plan Would Include Increased External Funding -ReutersDJ EU Agrees In Principle On New Greek Plan -ReutersDJ New Greek Plan Would Run 3 Years -Reuters What I did not expect was for it
While having an underweight view on equities other asset classes are worth a look. In addition to credits, one of the more interesting to follow, in my opinion, is foreign exchange speculation. EURUSD is currently trading below the option barrier around 1.45 after having enjoyed a revival over the past two weeks (circled), as the
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