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1 posted on 02/25/2013 1:15:16 PM PST by blam
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To: blam

2 posted on 02/25/2013 1:17:10 PM PST by blam
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To: blam
The Euro and Yen currency markets have both been going bananas today as well. The Euro/Yen has had a high/low swing today from 125.23 to 118.71. That is a drop of 5.2% of the Euro versus the Yen.

That is a HUGE swing, with the Euro on the losing side, especially as for the past six months the Euro has been gaining steady ground.

The US Dollar and British Pound are also getting hammered badly by the Yen but not as badly as the Euro.

Is it just the Italian election results or is there something bigger afoot?

5 posted on 02/25/2013 2:04:50 PM PST by Gritty (The 2nd Amendment protects the right to shoot tyrants effectively, not deer-Judge A. Napolitano)
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To: blam

As a swing trader it’s nice to see the VIX up again.

2013 had been boring.


7 posted on 02/25/2013 2:17:14 PM PST by cicero2k
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To: blam

A classic case of OCV (Obama-caused volatility). Meant to further scare you until he can successfully roll Boehner on the sequester.

Once Barry gets his way all will be sweetness and light on Wall Street again. You’ll see.


8 posted on 02/25/2013 2:28:05 PM PST by Buckeye McFrog
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