Forum > View Topic
by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
What resources would there be if there was to be a run on Spanish banks as losses mount with rising borrowing costs?
Too big to fail...Too big to bail?
Still holding euro shorts.
Good luck all
"...which could even have boosted export prospects by weakening the euro. "
I guess after the 4th quarter is over and the statistics is out, the US administration will again request Germany to balance its current account so that to reduce its exports. The Americans are desperate. LOL
FT: German business confidence surges
By Ralph Atkins in Frankfurt
Published: December 17 2010
German business confidence has risen even higher this month, setting a fresh record since the country was reunified in 1990.
The latest surge in the Munich-based Ifos business confidence index showed companies in Europes largest economy were paying scant attention to the regions debt crisis which could even have boosted export prospects by weakening the euro.
The latest Ifo reading was the highest since the pan-Germany survey started in January 1991.
Hey catnip I see you have not stopped with your euro bashing :)
1.3150 level is key. Below is negative and probably will fall down to 1.27
However eurusd is still generally above it and this is not negative for the time being.
I see many people here want the euro to fall but you have to be objective.
Does the support and the Resistance zone could expire , for example this resistance now on the EURGBP @ 85.00 its monthly Resistance , do you think its expired?
Some traders seem to assume fx trading is to be in for a beer....
strong EUR ..absurd
weak USD ...absurd
usdx @ 80.625
nov 4 usdx @ 76.41
oh shit i turned the chart downside up
said i would not short wheat