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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
01-Jun-2011
EURO-DOLLAR: Credit Suisse strategists earlier reentered a euro
long position as part of the cash recommendations portfolio. They have a
topside target of $1.5200 and a stop at $1.3970. Their thinking: "We
think the dollar seemed to be topping out. We expect German leadership
to push European politics away from Greek restructuring, which would
lead markets to turn against the USD. Confirmation of new lending for
Greece would allow markets to shift focus from euro area peripheral
sovereign risk back to global growth."
will make long entries...and post, this level and lower....and higher...
see if some dinero can be made..
current 4327
cheap euroses..
don't let da blah scare u mates...
caveat;; been drinking rum and coke..
needs to regain 4340+ I expect this..in near timeframe
blah comes and goes..the very exact last short term correction from the uptrend actuall lost pips this comparative week..but maybe not this time..so yes, warnings are good.....
cause we in the risk biz cat...