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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
'kill punch' a tad dramatic eh...'must've been watching cnbc when typing those words..
..expecting some parties to put up another (ultimately futile) fight for euro before the 'kill punch'...
...patiently waiting.
Hope that steering placement works out for you..
read http://www.bloomberg.com/news/2012-05-09/greeks-may-hold-510-billion-trump-card-in-renegotiation.html
I am working on the birth defect of EUR and why USD will be there when EUR is a fading memory. Nevertheless right side drive will be in London by sheer Merkel tank force. Creates many new jobs, cops, and driving instructors. I am dreaming ...ah yes nightmare..of a Merkel memorial at Trafalgar square....with a steering wheel that is for right side drive only.
...looks like eu has finally found some support down at 2910..playing upswing in comm ccy's...looking to add to eu shorts on a retest at 1.30+
For such a small country (economically) Greece raising quite the global stink...owing bondholders around E400Bn, depending on who's #s you use, this is roughly the size of Belgium/ Poland/ economies...
If the Greece default/ leave Euro ideas pan out this should be a good catalyst to send eurusd backdown to 2500 and lower in short order...an aside, this should bolster Germany's etc export industry (not that it's really suffering) helping momentum...
glgt