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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
Dodger
London, UK
Posts: 139
12 years ago
Nov 25, 2011 17:42
Got to be said,once upon a time I looked at the european union and the single currency as something of a progressive and enlightened development,that would bring forward a bright future for not only europe but as a beacon for the future cooperation of mankind.OK,I knew there were problems both political and ecconomic that I thought could be worked out but instead the whole project politically ,don"t even think about ecconomically, seems to have gone the way of that other great european institution born in the sixties,"the eurovision song contest",which no-one has really taken seriously for years!
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Nov 25, 2011 15:40
small panic move happened SNB bought EUR 100 pips move in EURCHF
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Nov 25, 2011 13:49
Latest RATINGS from MNI


RATINGS: Table below gives summary of ratings for eurozone countries.

COUNTRY S&P Fitch Moody's
======================

Portugal BBB-(neg) BB+ (neg) Ba2 (neg)
Ireland BBB+(stb) BBB+ (neg) Ba1 (neg)
Italy A (neg) A+ (neg) A2 (neg)
Greece CC (neg) CCC (---) Ca (develp)
Spain AA-(neg) AA- (neg) A1 (neg)
Austria AAA(stb) AAA (stb) Aaa (stb)
Belgium AA+(neg) AA+ (neg) Aa1 (review)
Finland AAA(stb) AAA (stb) Aaa (stb)
Germany AAA(stb) AAA (stb) Aaa (stb)
France AAA(stb) AAA (stb) Aaa (stb)
Netherlands AAA(stb) AAA (stb) Aaa (stb)
Source: S&P, Moody's, Fitch, MNI.


Ashraf
cat0nip
Frankfurt, Germany
Posts: 1632
12 years ago
Nov 25, 2011 12:10
difficult....be prepared for a panic move ... apparently ECB toothless so far.
Yes 13120 well possible even lower i expect downgrade of Austria soon.
But germ bunds seem to hold yield.
Blue eurobonds can be introduced w/o treaty amendments that would trigger short lived relief.
So all 100% politics.
Sir Ignore
United States
Posts: 3068
12 years ago
Nov 25, 2011 11:38
Gmorning fanz and fx hobbyists...shout out to entourage TZ check in sistah..

what about a hard bounce from 3180 down thru 3125 level..seems righteous retracement, on 1200 pipz plunge one month, eh? bottom pickin, catching dat falling machete..I ask da wich doctah

but possible good r/r setup..give your account a holiday treat..

great holiday weekend in swfl...typical boring amer things..overeating, football, shopping for unnecessary items..and fav thing 'lookin for sum tush'..car shows, gun shows and truck pullz..

great weather..Canadian foxes moving in to poolside..

gl
Olivier
London, UK
Posts: 63
12 years ago
Nov 25, 2011 10:02
I don't seem to be able to post in the 'Gold....' section; anyone else having same problem?
Qingyu
manchester, UK
Posts: 1763
12 years ago
Nov 25, 2011 9:28
btw, Lao-tse more like a small or no government believer.
DaveO
N.Cornwall, UK
Posts: 5733
12 years ago
Nov 25, 2011 1:14
Yes it always takes a crisis for politicians to do the right thing and even then hey presto they still try to do the wrong thing. Wonder if they realise they have a crisis in hand.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Nov 25, 2011 0:04
ah, The only way that could lastingly save Euro is LSE graduate.

i am sure, according to my bear intelligent sources.
Qingyu
manchester, UK
Posts: 1763
12 years ago
Nov 24, 2011 23:53
cat, you are wrong. if dont have a wall in the middle of the road in china, they drive on both sides.