Well, if Europe gets its act together, it’s risk-on again, baby! With the USD as a carry currency, it’s not too surprising, even if the timing is unpredictable.
I haven’t read the details about the current Euro agreement. After so many false starts, it’s hard to believe that this one is going to work this time, but it does, eventually, have to end somehow.
You want a quote? Haven’t I written enough already???
Well, this is the first time EZ has come to some form of consensus about shared debt agreement. It’s still a “plan to make a plan”, but it’s the biggest such plan so far.
Maybe there is an expectation of lower rates in the EU due to this stabilization plan. So, bond buyers didn’t flock to Europe as much as they did with spot currency (which can be used to buy things other than bonds).
For what it’s worth the move in rates wasn’t nearly as dramatic as the move in the USD. Not sure what implications that has going forward though.
That’s probably because money shifted from US assets to European bonds *and stocks*. So USD had to adjust to both financial flows, whereas interest rates had to accomodate only some of them.
(I guess that’s another way of saying what Ohai just said).
You want a quote? Haven’t I written enough already???
Euro is looking sexier now that’s why…when risk goes on, USD falls, that’s the way it goes and oil will go up…….
are you watching the Kim Kardashian show or what? if you did, you would understand this whole thing a bit better….
I know *why* USD depreciated. The magnitude and uniformity of movements is the surprising part. I don’t remember this happening any time this year.
“I’m a CPA! I got money b***h!”
ppl trying to make a quick buck before the bang
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You must be the square root of two cause i feel irrational around you
http://alphahive.wordpress.com/
Well, if Europe gets its act together, it’s risk-on again, baby! With the USD as a carry currency, it’s not too surprising, even if the timing is unpredictable.
I haven’t read the details about the current Euro agreement. After so many false starts, it’s hard to believe that this one is going to work this time, but it does, eventually, have to end somehow.
You want a quote? Haven’t I written enough already???
Well, this is the first time EZ has come to some form of consensus about shared debt agreement. It’s still a “plan to make a plan”, but it’s the biggest such plan so far.
“I’m a CPA! I got money b***h!”
For what it’s worth the move in rates wasn’t nearly as dramatic as the move in the USD. Not sure what implications that has going forward though.
Maybe there is an expectation of lower rates in the EU due to this stabilization plan. So, bond buyers didn’t flock to Europe as much as they did with spot currency (which can be used to buy things other than bonds).
“I’m a CPA! I got money b***h!”
That’s probably because money shifted from US assets to European bonds *and stocks*. So USD had to adjust to both financial flows, whereas interest rates had to accomodate only some of them.
(I guess that’s another way of saying what Ohai just said).
You want a quote? Haven’t I written enough already???
Studying With
Risk on/risk off, latest buzzword in the industry. I still can’t find that switch on my computer though.
NO EXCUSES
Critique my resume: http://www.razume.com/documents/27593
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Lol, they have an app for that: NYSE: ONN / OFF