EUR

dats how we roll.barca

Are you guys serious? EUR rallied 600 pips from mid-Feb as much in a straight line as it can get in fx, now retracing ~150. Wake me up if it breaks 37.

Y is EUR going down?

How about widening spreads on Portugal and Greece debts, as debt issue resurface yet again and oil prices coming off recent highs. Interesting to note that Webers yet more hawkish comments not resulting in bounce in Euro, as markets can't reconcilie his hawkishness with the reality that a hike is not just inappropriate but could be disastrous for the region.

However Eur still in uptrend technically speaking, but going long now is dangerous!

Subway: great call on short from 1.4

Kam

dear sub , i shorted euro at different levels lol all got fired listening the experts comments . Finally a game of do or die yesterday with some good volume " yes shorted at 1.4030 itself just covered 3915 ,that worked out well and now back to the status where i started this month :) . I am just playing in this market not exepecting to become a millonaire from this. If getting some profit i will be happy, (call me crazy or a fool) lol .. one thing i am comfortable going with the trend ( not looking any fundamentals or technicals) hit ratio is 60:40 :)

I still agree with almost all fundamentally oriented economists that ECB economically cannot hike. rather a hike were dangerous if not desastrous because there is a big difference between US debt and EZone debt. Most of Ezone debt is amassed in portfolio of Ezone banks. Apparently Eur bulls fail to understand this. It is like arsoninists and firefighters are identical.
And besides hiking rate does not bring for ex. oil price down not even a cent. These are subject to mutually independent market variables.