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

EUR

Discuss EUR in this thread
 
Stationdealer
London, UK
Posts: 715
14 years ago
May 10, 2010 7:54
what we need to be concerned about is there going to enough dollars available for forex swaps to continues smoothly over the coming days of transaction. The rhetoric of shorting euro for will soon run out of steam with Euro right now just shy of tuouching its top resistance of 13000, I will still remain to focus on the statements that will be coming along the day from Eurozone. The meeting today in berlin and brussel will shed some light on if euro rally will sustain back to 13500.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 10, 2010 7:51
from bloomberg

Swap Line

After a week in which markets showed growing concern about access to funding, the Frankfurt-based ECB also revived its policy from the credit crisis of offering banks as much cash as they want for terms of three and six months. It will also reactivate a swap line with the Federal Reserve and sell unlimited amounts of U.S. currency for seven and 84 days. The first operations will take place this week.
Stationdealer
London, UK
Posts: 715
14 years ago
May 10, 2010 7:44
Talks of Euro heading to 13500 end of this month
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 10, 2010 7:18
Where will the money come from ?
The simplest solution will never happen:
fire 9 million out of 10 million eurozone officials reduce 100000 eurozone polticians to 10000 set up one common eurozone finance ministery ...
no in Europe with its predominant medieval thinking this won't happen
Kamel
amman, Jordan
Posts: 1
14 years ago
May 10, 2010 5:57
hi all,

where do u expect the Euro/dollar highest point for today
rrose
United States
Posted Anonymously
14 years ago
May 10, 2010 5:48
130.46 should hold in the euro dollar QE should bring the euro down even more I am looking to get short at 13025 with stops at 13075 t/p 127
magess
Selangor, Malaysia
Posted Anonymously
14 years ago
May 10, 2010 3:52
Hi ashraf and friends,

What now? Is EUR/USD going back toward 1.3800? :)
Qiman
United States
Posts: 237
14 years ago
May 10, 2010 1:17
Yes, quite aware they are not a part of the Euro! Read this article regarding this issue:
http://www.telegraph.co.uk/news/worldnews/europe/greece/7696870/British-taxpayers-ordered-to-bail-out-euro.html
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
May 10, 2010 1:10
YES QIMAN its true but britain are not "EuroZone" members (they are only UE members that's why they have british pound currency), so they refuse to participate is not a pb.
Qiman
United States
Posts: 237
14 years ago
May 10, 2010 0:38
Britain said on Sunday that it will refuse to underwrite a European Union bailout fund worth some 60 billion euros that finance ministers want to agree at emergency talks in Brussels.

"We wouldn't participate in a European bailout fund," a British diplomat told AFP of moves for all 27 EU member states to guarantee borrowings destined to bailout troubled economies in the crisis-hit 16-nation eurozone.
http://www.google.com/hostednews/afp/article/ALeqM5iv8bxssdRfLb54PyKfnISxuhQoNw