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
Good Luck Out There
thats good for traders as CDS Ireland Porutgal Spain coninue to raise,
they need to achieve a common economics politics and one eurozone treasury
these two must work together
there is no sign politics is doing anythig in that direction so eventually Euro will fail due to stupidity and lazyness of politicians
As I said fx is controlled by CBs not by any technical analysis nor by wave counts. And CBs don't speculate they hedge.
http://www.ft.com/cms/s/0/7b59006e-ca07-11df-87b8-00144feab49a.html
Not helping the situation at all.
Irish spreads continue to wide. There is something brewing. The recent downgrad by Moodys should not bring Portugal banks down.