http://pragcap.com/the-suspicious-dollar-trade-placed-yesterday Sat, 26 May 2012 09:29:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://pragcap.com/the-suspicious-dollar-trade-placed-yesterday/comment-page-1#comment-8513 Josh Belanger Fri, 06 Nov 2009 13:18:59 +0000 http://pragcap.com/?p=12195#comment-8513 I picked up on the activity earlier on Wed on our systems with a block of 100k hitting the tape on the ask showing that there was a firm buyer. It looked like it was a bet on the Fed and a dollar rally but, this person knew the news before the rest of us. Owning the 23 calls give them the right to own shares at that level even if they can't issue more shares I picked up on the activity earlier on Wed on our systems with a block of 100k hitting the tape on the ask showing that there was a firm buyer. It looked like it was a bet on the Fed and a dollar rally but, this person knew the news before the rest of us. Owning the 23 calls give them the right to own shares at that level even if they can’t issue more shares

]]> http://pragcap.com/the-suspicious-dollar-trade-placed-yesterday/comment-page-1#comment-8511 Drew Fri, 06 Nov 2009 12:29:56 +0000 http://pragcap.com/?p=12195#comment-8511 By not extending QE, the Fed has tightened. I think this is why the bets on a dollar rally have materialized. These bets may be profitable short term as the short to medium term technicals for the dollar index look like a bounce is likely. Longer term, however, the fundamentals for a stringer dollar just do not exist at the moment. By not extending QE, the Fed has tightened. I think this is why the bets on a dollar rally have materialized. These bets may be profitable short term as the short to medium term technicals for the dollar index look like a bounce is likely. Longer term, however, the fundamentals for a stringer dollar just do not exist at the moment.

]]> http://pragcap.com/the-suspicious-dollar-trade-placed-yesterday/comment-page-1#comment-8497 ES Fri, 06 Nov 2009 02:49:48 +0000 http://pragcap.com/?p=12195#comment-8497 Were they betting on tightening by the FED yesterday, which didn't materialize. There is no dollar rally yet, but it sounds like big players are positioning for it. Marc Faber was also predicting dollar rally just recently and his timing is usually good. I probably need to sell my gold and oil if that is the case. But I hate to sell gold just to see it break out. Were they betting on tightening by the FED yesterday, which didn’t materialize. There is no dollar rally yet, but it sounds like big players are positioning for it. Marc Faber was also predicting dollar rally just recently and his timing is usually good. I probably need to sell my gold and oil if that is the case. But I hate to sell gold just to see it break out.

]]> http://pragcap.com/the-suspicious-dollar-trade-placed-yesterday/comment-page-1#comment-8480 kbob Thu, 05 Nov 2009 21:50:56 +0000 http://pragcap.com/?p=12195#comment-8480 Ah that explains the big jump in UUP in mid-day. I was wondering. Ah that explains the big jump in UUP in mid-day. I was wondering.

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