Deja Vu. Once again we ask, does the fate of the world depend on 1 man (this time round it's not that 'wild thang' hiding in Pakistan, but the one in charge of a certain monetary fund); because according to the media it may very well be so. Well if that's the case (we don't believe it for a moment) then sorry, Greece, but it's not the first time a woman caused you great grief. Remember Helen of Troy?
We have another interesting week in store as the EU Finance Ministers meet today, while the market is still reeling from last week's big moves. Lots of data starting with EU CPI, UK Consumer Confidence sometime during the day and US Empire Manufacturing. BOE mintues later in the week and a bunch of EU and US officials on the cards.
It's hard to see this bout of dollar buying ending as suddenly as it started, so while it's still quiet out, and consolidation takes place, nothing has changed to turn markets around. Uncertainty rules and markets will stay volatile before any longer-term clarity develops. We're always up for some dangerous fun.
By the way, looks like the missing post came back on again. Curious.
Peace.
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