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

EUR

Discuss EUR in this thread
 
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Sep 22, 2011 15:18
lol cat, lets leave god out of this can we ?
cat0nip
Frankfurt, Germany
Posts: 1632
13 years ago
Sep 22, 2011 15:11
New rumors of unlimited dollar funding of brain dead EZone banks and bankrupt ECB....
staying long . Merkel asked pope about trading. Don't you worry my daughter god always helps out those feeble in mind. If not god then GS.
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 22, 2011 14:53
I cannot in a pension / ISA.
I have access to spread bets but I want a long term trade on as well for another account.
I think I will just stick to trading EURGBP ETFs.
Olivier
London, UK
Posts: 63
13 years ago
Sep 22, 2011 14:36
By the looks of your nickname details, you are based in the UK, so it would be a lot easier to trade via a SpreadBet account and any hedging needed would also be a lot easier to manage as you would do it all in Sterling terms;
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 22, 2011 14:10
Olivier,
so short 1 unit of EURUSD and then the same monetary amount (in sterling not euros?) long of eurgbp should give me the exact performance of EURUSD?
1.36--> 1.29 is only a 5% change so some double ETFs would make sense but that might confuse the issue.
Sir Ignore
United States
Posts: 3068
13 years ago
Sep 22, 2011 14:09
adding long E/$ again
Sir Ignore
United States
Posts: 3068
13 years ago
Sep 22, 2011 14:07
digi....1.6004 tp....no doomsday..sky holding so far
Olivier
London, UK
Posts: 63
13 years ago
Sep 22, 2011 14:04
Trading: if you're short eur/usd via an ETF you are basically short euro AND long $ both in Sterling terms so if you want to be fully hedged you need to be also long eur/gbp AND short gbp/usd.
Zat correct?
digi
toro, Canada
Posts: 1040
13 years ago
Sep 22, 2011 13:57
this looks like typical meltdown , tp 118000, auf wiedersehen
Trading
LONDON, UK
Posts: 57
13 years ago
Sep 22, 2011 13:52
Question: If you wanted to short EURUSD in an ETF but you are based in UK, ie buying the ETF in Sterling - isn't this the same as playing a EURGBP ETF?
If you are in UK and want to short EURUSD, how do you hedge off the currency exposure in ?