Forum > View Topic
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
if there is a liquidity crunch and interbank lending freezes PBOC can no longer raise RRR rather must ease RRR and eventually cut rates. And print money. Both supposed good for USD.
Yep....frankly I thought it is St.Claus coming early this year...
Yes China gets out of control . All what the govt did to keep the princelings out of crosshairs
was wrong.
I think the big bang starts in China. Its a huge bubble.
Greece is a very small problem because Greece has parked EUR 200 bln in swiss banks ( that is why CHF gained ) and can at once pay off liabilities and obligations.
But why?
chartists and fib astrologers take notice
From MNI FX Bullets:
0600GMT with German PPI, which is followed at 0800GMT with the ECB current account data.
0900GMT, EMU 1Q labour cost survey is then due
1000GMT, Bundesbank Monthly Bulletin.
1230GMT, Trichet to give an introductory statement
at the Quarterly Hearing before the Committee on Economic and Monetary
Affairs of the European Parliament, in Brussels.
1530GMT, ECB Governing Council member Jens Weidmann lecture in Frankfurt.
1600GMT, ECB Executive Board member Juergen Stark is due to speak on "Government Debt
and Monetary Policy: Lessons from the Global Financial Crisis" at the
Ifo Institute in Munich.
Ashraf
Mr. 91% (and climbing) closed euro/usd 8L long from 4195 at 4290...
c u tomoorow..
from da best lookin trader in da room..
___________
<>
tune in for pair trade if u want to make some monia..
or just ignore me.....and do your own trades or mind ur own biz...bwattybwoys..
;))