Adam Button @TradingButton
Adam Button is a currency strategist and the managing editor at http://t.co/3HeDzddEhn tradingbutton.com Montreal Joined May 2011-
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I didn't even remember I had this handle. Follow me @FX_Button or @ForexLive
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Startling efficiency in Greece -- to stop printing of names of tax cheats mobile.reuters.com/article/idUSBR…
BOC's Carney wants something done about housing. ow.ly/a8sgW
RT @HamzeiAnalytics: RT @alaidi: #Greece Headed for Involuntary Default bit.ly/s20EFK #forex #IMF #ECB $FXE // a great post
RT @alaidi: Europe Inches Forward, RBNZ Hawkish, BoJ Awaited by Adam Button bit.ly/utHtY7 #forex
RT @BergenCapital: EUR250-270BN base x4 leverage or about EUR1trn would barely cover Italy & Spain's funding needs through the end of 2013
Japanese industrial production up 0.6% (July) compared to +1.4% exp.
An even-handed analysis. RT @Reuters_Biz: Analysis: Markets to hold U.S. feet to fire as default threatens http://reut.rs/pfeQCV
Debt ceiling talks aren't looking much better today. I'd be ready to sell USD/JPY at the open if I wasn't already short.
why downgrade's inevitable @PIMCO: Gross: Don't trust any debt ceiling numbers. Most cuts will be fiction and swamped by lower revenues...
Noda trying to squeeze yen longs. I don't feel squeezed.
Moody's literally announced it may cut the US's rating one second after I finished a report
The ideal trade here is to be short Greek spreads and long Italian spreads. Worries on Italy are overblown.
Very dovish RBA statement. tp://bit.ly/mFjOXv They're not hiking in Aug, prob not this year. Sell AUD if you haven't already.
Still holdinging short in NZD/CHF (-63 pips) and NZD/JPY (-45 pips). Today's AUD/USD short is +32 pips.
Two ideas: 1. Be short in RBA 2. Agressively sell any strength http://tinyurl.com/6dez2yr
ISM isn't strong enough to keep the risk trade going. Stocks will slide this afternoon.
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