Posts by "davelevyzemmour"

ohohoh digi,

don't be sure that euro is still short. Your're the euro's overseller, always seller. why ?

Because,

-first since few days and begin of purchase programme ofbonds by trichet the eurusd is maintened.
-yesterday the spanish's auction went well.
-the pricing of lower rate in eurozone is an error, because since the rate hike, the real economy didn't feel the effects. And the inflation progress quickly in german's landers. Maybe trichet does'nt communicate well, but he isn't a stupid economist.

Moreover the market although the zew published yesterday was so bad didn't react as much as usually. Simply for the pricing of QE3 measures, and the meeting in jackson hole.

the euro will continue to progress toward the 1.5, and more in end of the year