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

EUR

Discuss EUR in this thread
 
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 17, 2010 9:12
Jacob, thanks. But I'm wrong as well from time to time but getting better. ;) Actually I have a twitter account but did not use it till now:http://twitter.com/xaronfx

Maybe I should start posting my trades and short opinions there.
said
mulhouse, France
Posts: 2822
14 years ago
Mar 17, 2010 8:56
SOME TURBINE ON BELOHORIZONTE ESTATE
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Mar 17, 2010 8:56
xaron..

pretty exact and useful observations, as I can read from ur posts.

Do u post anything on twitter so I can put in my followers list..

Danke schon..

Jacob
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 17, 2010 7:30
Ok, time for a small short at 1.3808 (right below the daily R1).
Xaron
Munich, Germany
Posts: 528
14 years ago
Mar 17, 2010 6:16
Thanks Ashraf for letting me know! So it was rkashmir who used my nick, interesting...

chloe, there are indeed no real news regarding Greece, so no real official bail out plan. Look, you should know that the EU contracts do not allow bailouts of other countries so that is the main reason they just dont call it a bailout. But you can be sure that they wont allow Greece to default. So in fact Germany and France WILL step in if necessary.
chloethebull
Posted Anonymously
14 years ago
Mar 17, 2010 2:38
@ashraf...can you clearify for me on greece..did they or did they not reach some sort of financial agreement to bail out greece...im under the impression they are but am i understanding u correctly that ur saying its just words an no deal has been reached...??thanks
Qiman
New Mexico , United States
Posted Anonymously
14 years ago
Mar 17, 2010 1:36
Read a fascinating article today on the Stratfor site -- Germany: Mitteleuropa Redux. It was just posted today, and unlike most of their cutting-edge research, this article is free, and it has some very interesting postulations about the future of Germany and the Euro. Here is an excerpt:

"The implications of this are difficult to overstate. If the euro is essentially gutting the European and again to a greater extent the Club Med economic base, then Germany is achieving by stealth what it failed to achieve in the past thousand years of intra-European struggles."
http://www.stratfor.com/weekly/20100315_germany_mitteleuropa_redux
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 17, 2010 1:26
simao,

Nothing but Words on Greece

More verbal support for Greece but still no signs of concrete plan. EU Chairman Juncker reiterated loan guarantees would not be involved. The climate of urgency has diminished markedly, but markets are not yet ready to lift the euro above the key resistance of $1.38. The medium-term pre-occupation now shifts to the announcement from the Greek PDMA debt agency regarding the next issuance to fund its forthcoming coupon/redemption payments (due in May) of around 18.6bln.


Ashraf
simao
casablanca, Morocco
Posts: 51
14 years ago
Mar 17, 2010 0:52
lol Ashraf :D, inchallah Germany will be with us and with forget greece for a time and soon we will se this shit pairs at 3200 at you say 3 or 4 week ago :) , just waiting Mate.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Mar 17, 2010 0:13
Said, brits busy with their own problems.

Drdeath, that channel support from Dec low is now rising to 79.80, so a close below it this week would be a very negative for the USD. But need confirmation from close above 1.3810-20 in eurusd.

Ashraf