EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
How to improve your decision--makingh between Nasdaq100 and SPX by watching technicals in bond yields - Details in video description.
Bitcoin versus Miners Performance
As many of you know 2023 was kind to members of our WhatsApp Broadcast Group who snapped up shares in bitcoin miners, while 2024 has so far been more superior to Bitcoin than most of the miners...
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What do you think about that ?
However if it is introduced what has not been tackled by lazy lay back style politicians , a common eurozone economical politics, it could be positive for eurozone IF and ONLY IF there is a serious
( not politician bla bla ) discussion about what was originally intended to be established with the Euro founding treaties. What is badly needed is a common finance ministery ( SMALL is beatiful !) working with the common central bank ECB.
I am not at all convinced that such will happen. Because precise consequent reason and politics don't match.
EU commission to borrow 600Bln Euro to provide the banks loan?? I heard that and have a question.....
1)Euro-zone all heavily debts so the government guarantee the money and who will lend them cheap money???(IMF??)
2)If they not using QE (printing money or sell bonds) then they use gold??? (Each countries are allowed to sell limited golds in each year)
Hopefully someone can enlighten me. :)
Cos I only see if euro to move lower it helps the debts ridden countries as well as the more sounds country in euro-zone. Germany and france sell euro and buy dollars and buy back euro at latter part.
CBs.
Perhaps they hired Soros as consultant?
Ok went long EUR/USD
May 8 (Bloomberg) -- European leaders agreed to set up an emergency fund to halt the spread of Greeces fiscal woes, seeking to prevent a sovereign debt crisis from shattering confidence in the 11-year-old euro.
Jolted into action by the sliding currency and soaring bond yields in Portugal and Spain, leaders of the 16 euro countries said the workings of the financial backstop will be hammered out before the markets open on May 10.
We will defend the euro, whatever it takes, European Commission President Jose Barroso told reporters early today after the leaders met in Brussels.
Europes failure to contain Greeces fiscal crisis triggered a 4.3 percent drop in the euro this week and led the U.S. and Asia to rally around in a bid to prevent a global sovereign-debt crisis from pitching the world back into a recession.
European officials declined to disclose the size of the stabilization fund, to be made up of money borrowed by the European Unions central authorities with guarantees by national governments. Finance ministers will meet at 4 p.m. tomorrow in Brussels to flesh out the details.
When the markets re-open Monday, we will have in place a mechanism to defend the euro, French President Nicolas Sarkozy said. If you dont think thats significant, you havent been to many EU summits.
drawing from ATM to less than 1000 eur per day ...
As long as there is no Clear "solution" to the Europe/Greek problems from the ECB we can continue to look for opportunites to short the EUR, S&P etc...?
( Looking forward to your Singapore trip.)