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
and how sad for the family..
and hearts out to da sister..if
these alleged charges true..
just need some extra margin, in case.
that's where Daveo comes in..
G'morning...working on a trade..I have the tp just need the entry stop etc..
can u help me, expertz?...tp = 14938
"We believe that despite
best efforts by policy makers to ensure an orderly outcome, a Greek
default scenario would inevitably be highly destabilizing," Moody's
said. "Counterparties, including other banks, may become risk-averse and
withdraw funds where there is even a slight concern about exposure to
Greece or other peripheral EU sovereigns. This can lead to a vicious
cycle whereby banks considered weak lose access to market funding and
possibly face deposit withdrawals, pressuring liquidity," the ratings
agency added. Moody's also said that in the event of a default,
governments would probably move to recapitalise banks. But it also
warned that any plans that involved creditors sharing the cost of bank
support could lead to a loss of investor confidence.
RECENT EURO BOUNCE above $1.4120 attributed to "talk of M&A linked interest, the
DuPont/Danisco deal" - MNI FX Bullets
Ashraf