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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
trichet obviously keeping a card to himself, to bring up interest hike if euro starts bombing again, which could happen if spain starts to be questioned.
also, how will this play across in the US - will it stoke calls for tighter monetary policy there? If so eur-usd going the dollars way.
I am going to follow the only trading strategy which I know of, again.
Sell at big figures or semi big figures- like in the AUD right now.
Sold at 1.0495. Will cut at 1.0655 or tp at 1.0350.