The T-Report: Currency Skirmishes

Posted by on Feb 12, 2013 in The T-Report | No Comments

It’s Skirmish So Far, not a War

So much talk about “currency wars” and so much wasted space. The G-7 is now telling us there is no such thing as a currency “war”. Each country is just following its own domestic policies. The check is in the mail.

What is going on?

……..

Show me the OMT

Draghi is going to outline how OMT would work for Spanish officials. This has helped spark a nice rally in Spanish and Italian yields today.

………

Please go to www.tfmkts.com for full report

Disclaimer: The content provided is property of TF Market Advisors LLC and any views or opinions expressed herein are those solely of TF Market Advisors. This information is for educational and/or entertainment purposes only, so use this information at your own risk. TF Market Advisors is not a broker-dealer, legal advisor, tax advisor, accounting advisor or investment advisor of any kind, and does not recommend or advise on the suitability of any trade or investment, nor provide legal, tax or any other investment advice.