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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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subway90
Posted Anonymously
13 years ago
Dec 8, 2010 17:00
Ashraf...

just wondering how you derived the 1.27 level...
eventhough we may see 1 more dip(break of 3059 confirms) for current downwave... i really don't see 1.27...
would appreciate if you can technically explain how you derived the 1.27 level....

TIA
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 16:16
China will eventually unwind, dump the US treasuries they hold and dump their dollar holdings as USA is losing its dominance. This is inevitable. Some people are saying that China cannot unwind and USA cannot lose its dominance because this will be the end the World. LOL Nope. This is not the end of the World, this is simply the end of USA dominance. And yes, for the Americans and some US fans this will be the end of the World. LOL
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 16:11
China cannot unwind? Really? They will unwind eventually as share of exports in their GDP starts to diminish. This is inevitable as their prosperity is on the rise. Economics 101
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 8, 2010 16:06
China CANNOT unwind...rather they'll have to buy more and more UST
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 15:36
catnip who holds 0 position in US treasuries is saying NOPE.
China which holds billions of dollars of US treasuries is saying YES.
Which opinion are you to respect? LOL
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 15:33
You will see what is gonna happen when China starts unwinding its long position in US treasuries. Then you will see who is in driver's seat. LOL
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Dec 8, 2010 15:27
nope... US has Dr.Ben Europe has 10.000 Dr .out for the day and always out of mind too many.
FED is in driver's seat China must follow.
Ashraf Laidi
London, UK
Posts: 0
13 years ago
Dec 8, 2010 15:24
Still on its way to 1.27 after respecting each and every technical level


Ashraf
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 15:02
"But we should be clear in our minds that the fiscal situation in the United States is much worse than in Europe. In one or two years, when the European debt situation stabilizes, attention of financial markets will definitely shift to the United States. At that time, U.S. Treasury bonds and the dollar will experience considerable declines."
Lisa Mishpeka
Samoa American
Posted Anonymously
13 years ago
Dec 8, 2010 15:00
hey catnip, this news especially for you. As you know China is one of the largest holders of US debt so this news counts huge.

U.S. fiscal health worse than Europe's: China adviser http://mobile.reuters.com/article/businessNews/idUSTRE6B71KO20101208
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