Market Scheming

Sunday, October 16, 2011

EUR/USD review - Options Expiration Week watch for Volatility


Watch for breaks of the above indicated levels of support.  EuroZone has 1 week to deliver a collective solution to tame fears of a global recession.

From Bloomberg: G-20 Tells Europe to Deal Decisively with Debt Crisis at Oct-23 Summit
European officials “will have left Paris under no misunderstanding that there is a huge amount of pressure on them to deliver a solution,” U.K. Chancellor of the Exchequer George Osborne told reporters. Next weekend “is the moment people are expecting something quite impressive.”


Options Expiration Week

Keep a close watch on the VIX



Economic Events Calendar from Bloomberg 


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