May 6 (Bloomberg) -- Bundesbank President Axel Weber fired the first shot in a brewing debate over how far the European Central Bank should go to defend the euro.
As the single currency plunged yesterday, Weber said the threat of contagion from Greeces fiscal crisis doesnt merit using every means, rebuffing calls for the ECB to consider buying government bonds. The central banks Governing Council meets today in Lisbon, the latest capital to be hit by the fiscal meltdown thats shaking the foundations of Europes monetary union.
they very well make island like in dubai and sell more. Their many ways of raising money but thats marketering and Gov's aren't in business. They can either assign a private company or structure a gov group to do that. Theres allot that can be done but that will take time and they dont have time what they need is money.
I'm still a little pessimistic about the US job figures, and predicting job losses 100k plus.
Where as people who are looking to run along the Euro retracement the only strategy that comes to mind is positions placement, only if your broker lets you divide your standard margin lots in mini's, I Doubt it will break 127 by friday and then buying 0.2 on every 60-70 point dip and hold till 13230. The way Euro will develop in coming days is where every rally will be met by a 60/70 downward move to the previous sup/res level and thats where you can place buy lots. But i will only recommend this strategy to people still hold a sell on euro from above 13300 / 13400. I follow this strategy base on commodities such as Gold copper oil payoff in just few months its just phenomenon. But always go by fundamental and futures statistics.
@Ashraf Why and how would china burst may effect euro if any currency wouldn't that have more effect currencies like CAD AUD NZD & YEN. Commodities yes definitely.
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
تجنب الخطأ الشائع المتمثل في خلط مؤشرات الناسداك وداوجونز و الاس ان بي وإليكم كيفية تفاعله بشكل مختلف مع تذبذبات في عوائد السندات ليست كل مؤشرات الأسهم متشابهة. شاهد الفيديو
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields -Details in video description.
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whats happening here
someone please make sense of it
please summarise
As the single currency plunged yesterday, Weber said the threat of contagion from Greeces fiscal crisis doesnt merit using every means, rebuffing calls for the ECB to consider buying government bonds. The central banks Governing Council meets today in Lisbon, the latest capital to be hit by the fiscal meltdown thats shaking the foundations of Europes monetary union.
READ MORE HEREhttp://www.bloomberg.com/apps/news?pid=20601087&sid=a4su14RxAIeA&pos=1
Where as people who are looking to run along the Euro retracement the only strategy that comes to mind is positions placement, only if your broker lets you divide your standard margin lots in mini's, I Doubt it will break 127 by friday and then buying 0.2 on every 60-70 point dip and hold till 13230. The way Euro will develop in coming days is where every rally will be met by a 60/70 downward move to the previous sup/res level and thats where you can place buy lots.
But i will only recommend this strategy to people still hold a sell on euro from above 13300 / 13400.
I follow this strategy base on commodities such as Gold copper oil payoff in just few months its just phenomenon. But always go by fundamental and futures statistics.
but i did managed to find two good read
America's Failed Dollar Strategy, Greek Debt Crisis Will Slow the Yuan's Advance http://www.marketoracle.co.uk/Article19200.html
and
Euro in Decline, Possible Headwind for Gold GLD ETF http://www.marketoracle.co.uk/Article19189.html which also coincides with what Ashraf has mention earlier.