Seeking Alpha
  • Malt Backbone
    FXE has broken 1.29
    12/28/11
    Reply (8)
    • Native Texan: it's back above, think it will hold.
      12/28/11
    • Malt Backbone: Something must have leaked. The ECB balance sheet can't be the trigger. Had to be at least a minor surprise.
      12/28/11
    • Malt Backbone: Were there any internals from today's Italy auction that scared the market about tomorrow's 10 year?
      12/28/11
    • nasalpancho: we SHOULD be under 1200 with the euro down here and the dollar where its at -- market on thin ice
      12/28/11
    • nasalpancho: in the next month its gonna get blown out the box -- just a matter of how long they string it along imo
      12/28/11
    • nasalpancho: decoupling is a myth
      12/28/11
    • Malt Backbone: I don't disagree Nasal. But today's drop was unexpected following the better than bad Italy auction today. Had to be a trigger for it.
      12/28/11
    • humahuaca: could it be some kind of year end selling for tax reasons? Fund redemptions? Does seem odd to me.
      12/28/11