USD index

it wont hurt me ive pips in the bag

I love these political moves like the current Italian one and election moves that aren't priced in, they are just ATMs and run for days lol
 
I was just reading CNBC had a piece trying to explain why the markets don't like what's going on with Italy. I was more confused after I read it. Just added to my headache.
 
It seems like the Italians are trying to leverage their predicament by threatening to leave the EUR. Conventional wisdom says they won't/can't. Gotta watch the government bonds. If they keep blowing out it's not good. The Euro never made any sense to me anyway. Every country has their own fiscal situation. It's another case of the Emperor's new clothes. Everyone keeps pretending that it works, but it really doesn't.
 
Yeah there's a lot of resistance from the people towards the EU for sure that's suppressed.

These bigger news events definitely trump technicals.
 
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