President Donald Trump is upset at Israel for “unloading” on Iran after declaring a ceasefire. Mr. Trump does not appreciate that after fighting “so long and so hard that they don’t know what the fuck they’re doing” amounts to Iran, Israel, and the US being in a porn movie. Unloading after a ceasefire should have … Continue reading Iran, Israel, and the US version of a porn movie.
A ceasefire is not a peace deal and hostilities between Iran and Israel are merely on simmer. Two countries with so much animosity against each other are not going to kiss and make up after twelve days of bombing, strafing, and killing. The ceasefire between Israel and Iran announced today by U.S. President Donald J. … Continue reading US-Israel-Iran: Did Trump do Netanyahu and Khamenei a solid?
Leave it to President Trump to cause a market mover in the EUR/USD yesterday when he shared that he was not in the mood to negotiate with Iran. According to FXStreet, a financial media publication, the President’s sentiments helped drive the EUR/USD below 1.1500 indicating a move to safe-haven assets including, ironically, the US dollar. … Continue reading U.S., Israel, and Iran: Yesterday’s 3pm EUR/USD expiry at 1.14794 took me for a loop.
Betting that the EUR/USD closes above 1.1520 by 3pm today seems like a very conservative bet. The spot around 4:20 am was 1.1582 and I calculated a forward price for tomorrow at 1.1860, so why so bloody conservative? In short, the events in Western Asia aka the Middle East are hard to ascertain in terms … Continue reading Binary options: My conservative bet on a EUR/USD close above 1.1520 by 3pm today.
Iran. Ebrahim Raisi. “Rescue teams are trying to locate Iranian President Ebrahim Raisi after his helicopter was forced into an emergency landing on his way back from a visit to the country’s northwest.” — Bloomberg. Nigeria. Central Bank of Nigeria. naira. “Central bank intervention this week failed to stop slide in Nigeria’s naira to a … Continue reading Retail foreign exchange trader news scan: Iranian president is missing …
Lawyers Write the Bets. Bankers Sell the Bets. 