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

EUR

Discuss EUR in this thread
 
PureStones
Korea Sout
Posts: 67
14 years ago
Apr 28, 2010 1:01
always thanks ashraf. is there more space to down euro, gbp? (next 1~2 weeks)
macrosam
United States
Posts: 190
14 years ago
Apr 27, 2010 22:41
4% has been a level of support specifically for Asian buyers. I expect some backing up of rates after this week's front-end auctions as room will have to be made for the upcoming (two weeks) auction of 3s, 10s, and 30s.

catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 27, 2010 20:58
Finally I went short EUR/USD at 1.328 BUT...I still see big risks. Since I trade UST 10y note prices I was baffled to see 10y price skyrocketing before the downgrade notice S&P. Frankly who gives a damn' on Greece and Portugal? No one. It is obvious the long expected crisis of the misconstructed political Euro supports USD and lures UST buyers. A month back UST 10 y yield was above 4% now its 3.67% after auctioning some 100 USD trillion.
I still expect a last minute big surprise good for a 10% up correction in EUR vs GBP because of the about EUR 170 billion of Greece securities held by French and german banks. Writing these off is what will crumple any economical recovery of Eurozone. They must bail Greece out there is no option.
Shane
Lahore, Pakistan
Posts: 209
14 years ago
Apr 27, 2010 20:43
oops we were taken out, waiting for gbp long to be taken out aswell, bad luck this time.
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 27, 2010 20:25
ashraf youve don it again please can some one go long for euro aim correction on news that aid is placed on sunday these week before resuming your projection of 128 thanks
padriver
Leeds, UK
Posts: 4
14 years ago
Apr 27, 2010 20:18
congratulations on the 1.32 projection Ashraf
Shane
Lahore, Pakistan
Posts: 209
14 years ago
Apr 27, 2010 20:17
A blind shot Going long eur usd at 1.32, with just 15 pips to loose, some times its just fun to go so much against the market, how many times we trade with the market and fail, so lets see we may succeed in this stupid effort anyways the risk reward ratio is too good.lolz. Wish me good luck.
speculator
Posted Anonymously
14 years ago
Apr 27, 2010 19:50
i hope everyone is banking on euros collapse. I warned on here that we will see sub 1.30 soon. The euro is now officially a junk currency for now. Its a terribly flawed structure and still overpriced against the dollar. Contagion will certainly put further pressure on euro
lucky
ibadan, Nigeria
Posts: 377
14 years ago
Apr 27, 2010 17:43
please ashraf how i can get the calculation of oil gold ratio ! cause of next time
Ashraf Laidi
London, UK
Posts: 0
14 years ago
Apr 27, 2010 17:29
I hope you are following us on twitter to catch the BREAKING NEWS, which we broke on twitter seconds after they were announced

www.twitter.com/alaidi

Ashraf