there is a significant difference between the eurozone issues and the usd issues.
no matter how bad the debt is in california, new york or wherever, those arent independent nation states and will NEVER be allowed to drown. the Federal government WILL step in to save them with whatever measure possible, even if that is printing money.
in the eurozone, the solutions are less clear. i doubt greece, spain and portugal will be allowed to leave the union and go back to their old currencies. in fact that will never happen. however the structure of the eurozone economies will be seriously tested because all these are independent nation states WITHOUT the ability to print their money to freedom!
i would not be surprised to see civil unrest in greece, spain and portugal in the coming months.
at the end of the day for the large funds, this is all about perception of risk and the USA any day is perceived to be less risky than the eurozone, given the current issues today.
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
Poor start to a slow market day as Ezone PMIs disappoint. Im still keeping an eye on the rare (-2%) USD-GOLD combo,… https://t.co/UyRzWsRbs7(11 months ago)
-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(11 months ago)
إستعمال تحليل الإنترماركت والتحليل الفني الكلاسيكي لتداول الذهب و الناسداك و السندات. شاهد هنا
Using intermarket technicals analysis to trade XAUUSD Nasdaq100 and Bonds.Watch here.
Latest Hot-Chart - May 16
Dax 200 DMA Deviation
You remember we went short Dax40 in late March based on the 13% 200 DMA extension, which gave us at least a 500-pt gain.
View Hot-Chart..
there is a significant difference between the eurozone issues and the usd issues.
no matter how bad the debt is in california, new york or wherever, those arent independent nation states and will NEVER be allowed to drown. the Federal government WILL step in to save them with whatever measure possible, even if that is printing money.
in the eurozone, the solutions are less clear. i doubt greece, spain and portugal will be allowed to leave the union and go back to their old currencies. in fact that will never happen. however the structure of the eurozone economies will be seriously tested because all these are independent nation states WITHOUT the ability to print their money to freedom!
i would not be surprised to see civil unrest in greece, spain and portugal in the coming months.
at the end of the day for the large funds, this is all about perception of risk and the USA any day is perceived to be less risky than the eurozone, given the current issues today.