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

EUR

Discuss EUR in this thread
 
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 12, 2010 14:01
hey guys,
this one is SHORT, that one is LONG...i stay aside as long as it shows me any clearer signals to choose site..
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 12, 2010 13:57
the gap open should be closed - EUR should drop to 510 - and maybe below in the next few hours
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 13:45
I don't agree, catnip. There's too much interest in the Euro worldwide, already too much involvement of other central banks regarding diversification. There is no interest in letting the Euro fall forever.

The Dollar itself is just so overvalued because of its reserve currency status. It will weaken again like it did the past 90 years.

The Pound? Well I wouldn't touch it for years... ;) Same is true for the Yen.

I agree that the "construct" of the Euro is a bit clumsy but I've heard so many people talking about the end of the Euro all the years... Of course it's still a very young currency but the ECB is one of the best central banks out there.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 12, 2010 13:37
EUR is doomed ( and USD GBP is not ) because EUR is not a currency it is a legal construct.
So far the self proclaimed currency experts from 16 Eu countries believe it is enough to show the money. No it isn't. They must show the cards, too. Large straight? No. Full house? No. Big blind? Yes.
rrose
United States
Posted Anonymously
14 years ago
Apr 12, 2010 13:35
does anyone think the market will close the friday monday gap
Xaron
Germany
Posted Anonymously
14 years ago
Apr 12, 2010 13:21
I'm long till 1.38 and might short there. No need to rush in. ;)
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 12, 2010 13:16
A race to the bottom?

"If the ocean was whisky and I was a duck,
I'd swim to the bottom, and never come up..."

Just thought I'd lighten the tone of this currently doom-laden thread.
Well the pound sterling has been doomed for all of my life (I'm of the baby-boom (not doom) generation), but, mirabile dictu, it is still worth more than one and a half US dollars as we speak.

Meanwhile if you really want some doom and gloom-laden fun, go and look at the comments on almost any article in Zerohedge. When they're not polishing their physical gold, they're cleaning their guns or stocking up on food, water, and fuel for the emergency generators.

Oh yes, and I love the name "Zimbabwe Ben" someone there used for the more familiar "Helicopter Ben".

Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 12, 2010 12:54
EUR is doomed as well as GBP and USD... The only question is which currency will take a deep dive first.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 12, 2010 12:38
@said
yes exactly so therefore I'll stay short EUR. EUR is doomed.
said
mulhouse, France
Posts: 2822
14 years ago
Apr 12, 2010 12:15
CATNIP

the euro has soon rock bottom
the upcoming statement from the ecb on rmbs and cmbs will help boost the euromortgage market and thus the euro. all german landesbank and are in absolute needs for a continuation in ecb program.