Insiders are shorting – or betting against – a major world currency, the Euro (EURUSD). This is according to the latest commitment of traders (COT) report. Whenever this happens, I get interested, because that is how we can spot major potential opportunities. For example, a few months ago I told my…
Today is a big day for the markets… Wall Street is holding its breath to see if the US Central Bank (or the “Fed”) is going to raise interest rates at 2pm Eastern time today. Actually, not really. No one is holding their breath! You see, the markets and “the…
Here are the next key levels to short the Euro as discussed by Alessio Rastani and Zak Mir. The video also discusses the potential Elliott Wave count on the EURUSD:
The most overcrowded trade in the world could be about to unravel. The crash in the euro currency, the crisis in Greece, and rumours of a rise in interest rates has caused the US Dollar to explode rapidly higher in the past 8 months. This has created another problem… Trader…
Last December I warned that a “market timebomb” will destroy the Swiss Banks by 2016. Incredibly, it seems that the Swiss Banks could not wait to drop another “timebomb” of their own… this year! Last week the Swiss National Bank (SNB) decided to remove its currency peg to the Euro.…
If the threat of deflation and massive unemployment was not already bad enough, things are about to get even worse. Once again Europe finds itself in another financial storm, so expect to see a lot of volatility and uncertainty in the markets between now and the next three weeks. For…
This sounds insane, but it’s likely to start today… The European Central Bank is expected today to cut interest rates and force Europe into NEGATIVE interest rates for the first time in the eurozone’s history. Imagine paying a bank to hold your money for you. Who would want to place…
Transcript of the Interview between Swiss Financial Television and Alessio Rastani 1: The ECB seems to be in this wait and see period how is this affecting the common currency? Do analysts see risks in further Euro gains? There have been fresh reports that the ECB is “shrinking” its balance…
There seems to be an overwhelming consensus in the media that Greece could well be leaving the Euro. Even bookmakers are placing high odds on the prospect of a Greek exit.
Europe is in a sticky mess and Europe’s leaders are about to make yet another mistake. The recent big story that dominated this week, was the threat of a downgrade of the credit ratings of 15 eurozone countries, including Germany and France. So what is going to be Europe’s response?