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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
do u remenber the movie DUNE with the guild and bene gesserit
well in egypt in france2 there is a representant for underzand sensors.
i guess you're long then... what level are you long from?
Is it time for short squeeze? do not short you will regret it. euro is going to 14000
also short usd/chf @ 9553
no stop and tp's on reverses..
We are seeing CLEAR DIVERGENCE between rising stocks and stabilizing/strengthening USD, whereby the latter emerges after the EU session. EURO YIELD SPREADS CONTIUE TO BE DAMAGED, with GE-UK 2-year yields at -0.19% (lowest since Jan 19) and GE-US 2-year yields at -0.58% (lowest since Jan 17). A relatively light economic calendar in the US will give way to further earnings and testing new 2.5-year highs in equities, but once again the inability for EUR, GBP, CAD and AUD to maintain their session highs and lose 0.5-0.6% thereafter attests to the impact of rising USD yields in favour of USD.
Ashraf