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

EUR

Discuss EUR in this thread
 
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Xaron
Munich, Germany
Posts: 528
14 years ago
May 18, 2010 10:06
Interesting. Bad ZEW numbers but the Euro doesn't fall. For me this is some kind of a good sign that we have a floor around 1.22/23 as strong support now.
Xaron
Munich, Germany
Posts: 528
14 years ago
May 18, 2010 10:05
catnip how could they do that? Legally that would be a disaster for Germany, die wrden quasi in Grund und Boden geklagt werden. ;)
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 18, 2010 10:02
Well it's not a rumor it is a serious study hiliting for the first time the cause of eurozone troubles.
It is further so that Greece private households are far less indebted than Germany's or UK's.

I would not rule out Germany and perhaps France leaving Euro if it turns out the total bailout is too
large.
DAHAB
dubai, United Arab Emirates
Posted Anonymously
14 years ago
May 18, 2010 9:46
agin attampt for 1.2515 but from thier chances to fall down 1.2315 today its self......lets c
Xaron
Munich, Germany
Posts: 528
14 years ago
May 18, 2010 9:34
Everyone is short now. I mean I've never seen such a short overload before. It doesn't need much to get a nice short squeeze here. The possibilities of (first) verbal intervention and real intervention are rising. Even though I think this will happen below 1.20.
Xaron
Munich, Germany
Posts: 528
14 years ago
May 18, 2010 9:24
Well that won't happen of course. We Germans might be a bit "old school" but this would be the end of the financial world we know. That would be bad for everything and Germany would be in real trouble (broken laws, compensations and so on...) All those rumors are just stupid.

At least the EU DOES something against their debts. What are the US doing? Nothing. This wheel will go on and markets will focus on US and UK again after the dust has settled...

I mean beside this huh and hoh about Greece and the other countries the underlying fundamentals are not that bad and I still stick to it that the ECB will start to hike this year in Q3 or Q4, long before the FED which will (in my opinion) not hike this year and maybe even not in 2011.
redstone
brstol, United Arab Emirates
Posted Anonymously
14 years ago
May 18, 2010 8:53
Why ?
Karan
Singapore, Singapore
Posts: 83
14 years ago
May 18, 2010 8:37
God forbid that happens.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
May 18, 2010 8:13
Prof of economics Meyer has yesterday published an article in Switzerland's reputated Neue Zuericher Zeitung stating Germany has profited most from Eur at the expense of the economically weaker eurozone members. He figured that Germany may in an overnight action introduce New German Mark
returning sovereignity of currency to Bundesbank. The cost may eventually not be higher than the bailout of PIGS however the follow on cost in terms of tanking exports to Europe may be tremendous.
Such a move would mean an end of Eur within a few hours.
Ashraf Laidi
London, UK
Posts: 0
14 years ago
May 18, 2010 1:43
Euro version of capitulation sellinghttp://stk.ly/cATAiC
Ashraf
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