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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Gammahunter
Douglas, Isle of Man
Posts: 82
13 years ago
Mar 4, 2011 16:46
Yo subway wat happened 2 da sub 3900..target of 3850 in eurusd...lol....stop kriticising others and trade your rubbish calls
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Mar 4, 2011 16:15
like you my colleagues at exane also told me that few month ago because of M3, growth, wages, and anticipated inlfation. It is an interesting point of view but

it is not a simple conjonctural inflation
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Mar 4, 2011 16:02
Point is hourly earnings. Despite NFP indicates some recovery , earnings do not support the customer driven US economy. Inflation in US is not a topic but remains top topic in Ezone.
Bank analysts concur ECB cannot hike.
djellal
LAUSANNE, Switzerland
Posts: 531
13 years ago
Mar 4, 2011 16:00
Be cautious with EW we are seing a turning point on AUD and NZD that's why markets participant favor EUR and GBP on long term invest.

I told you few month ago that eur will be at 1.40 and cable 1.65 then 1.70 not only because european crisis is out (and we will see european crisis end this month) but also because of QE2 in USA+++ WORL INFLATION
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Mar 4, 2011 15:47
Although the US Jobs report showed the rare occurrence of NFP at the higher end of expectations (192K & Jan NFP revised to +63K from +36K) and unemployment rate lower than expected (8.9% from 9.0%), markets are not taking the news too well. I argued in the last IMT that markets may have been expecting a strong report considering the normalisation from inclement weather conditions.

Another aspect worth looking at is that Average Hourly Earnings slipped back to 0.9% from 0.4%, therefore putting back any inflationary argument back to rest. Despite Gold regaining $1430s and oil prices on the rise again, USDX holds right above the 3-yr trendline support of 76.20-30s. The bulk of USDX weakness is driven by EURUSD hovering near $1.40s. GBPUSD remains unable to regain $1.63.

Ashraf
chloethebull
Canada
Posted Anonymously
13 years ago
Mar 4, 2011 15:22
another thiung to concider when we were @ 1.2950 ashraf was saying 1.27 might b reached well now look @ the poss upside 1.4250 i think the r/r is now the same as the lows ..might run out of buyers therefore might get a correction:) gl guys
chloethebull
Canada
Posted Anonymously
13 years ago
Mar 4, 2011 15:21
if we fall through 1.3960 might have hope but if it don;t come close to 1.3960 then its trouble:(..gl:)
chloethebull
Canada
Posted Anonymously
13 years ago
Mar 4, 2011 15:20
im thinkn its not a good move tony but gl 1.40 has been reached and looks like will b support soon..gl im with ya on r/r but cant fight the fed i guess:(..gl:)
looser
roma, Italy
Posted Anonymously
13 years ago
Mar 4, 2011 15:17
tony dont overload boat having hole
Tony G
Posted Anonymously
13 years ago
Mar 4, 2011 15:11
I've just added 2 more lots of shorts at 1.3990 and 1.4004. No stops.