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Well, firstly, this is Japan. It's not like there's a lot of places in Japan that aren't on top of a fault near an ocean, what with it being a bunch of islands and all. Secondly, in many ways it actually makes sense to store all radioactive material, including the spent rods, in one place for...

How do you know this will make things better?

He was on T2W earlier... He said he was off travelling again after a brief, but lively discussion.

Isn't the decision to intervene made by the Treasury secretary? NYFed just executes...

Well done...

Hahaha, thanks... As I said, my FX trades are PA. You have no idea what my week "on the sofa" has been like, trust me. Suffice it to say, I'm more than ready for the w/e.

I am long USDJPY PA. Bot some at 79.80 quite literally minutes before it collapsed to a 76 handle. Added at 77 and then took that clip off at 81; still running the original one. I did it partly as an ole Texas hedge against my short AUDNZD, which I foolishly didn't take any profit on a couple...

Well, I can't imagine why this is such an epiphany, tbh. The FX mkt has always been "rigged" in one form or another. I mean how long has the RMB peg been in place? As to it coming down, I have no view.

There's lots of people dead and there's a potential "nucular" disaster?

They iz not alone, either... Looks like there's a few other buyers arnd.

Well, best of luck with that...

No, it's the G7 and it's tomorrow's biz.

Looks like his concerns are being addressed right now.

I iz with you, Arab...

Maybe... He'll have to check whether his broker counts an exch-listed spread/fly as two/three contracts or just one. Moreover, one of the requirements was high liquidity and I am pretty sure that no fly or spread satisfies has liquidity quite like the front contract.

Liquidity is significantly lower in the serial contracts than it is in the quarterlies, that's fer sure.

I forgot about that. I stand corrected. It appears that they include the serial (monthly) contracts in their description. So the current front contract that's trading in 0.25bp increments is actually the Apr one, i.e. EDJ11.

Firstly, Eurodollars are actually $12.5 per tick. Secondly, yes, if you play with the front contract, it is definitely extremely liquid. As to it moving slowly, it might be true right now, with the Fed firmly on hold and liquidity extremely ample. This state of affairs may not persist...

The Bank of England has attempted to estimate the impact of QE on the UK economy, for those curious about the methodology. The upshot, pretty much, is that it's inconclusive. http://www.bankofengland.co.uk/publications/workingpapers/wp393.pdf

According to the IAEA, "All units at the Fukushima Daini, Onagawa, and Tokai nuclear power plants are in a safe and stable condition (i.e. cold shutdown)." http://www.iaea.org/newscenter/news/tsunamiupdate01.html