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

EUR

Discuss EUR in this thread
 
montmorency
Abingdon, UK
Posts: 610
14 years ago
Apr 13, 2010 13:06
@Catnip: Where do you access this sort of information, if you don't mind my asking?
said
mulhouse, France
Posts: 2822
14 years ago
Apr 13, 2010 12:28
@catnip
is the market gonna feed another tresury bubble or do u think we r out of the year range?
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 11:21
Notice: The 52-week bills were sold at a yield of 2.2 percent at the January auction, compared with an average of 1.62 percent in the previous four auctions in 2009.
Thus a yield 4.85% after the pledge is not a big sign of increased confidence.
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 11:14
Greece sold 780 million euros ($1.06 billion) of 26-week bills at a yield of 4.55 percent, with bids for 7.67 times the securities offered, the nations debt agency said today in Athens. It also offered 780 million euros of 52-week securities at a yield of 4.85 percent, with a bid-to-cover ratio of 6.54 times. The Public Debt Management Agency said last week it had planned to sell a combined 1.2 billion euros of the bills.
My comment: this reflects just a zero fail risk for short term because of EU pledge. Nevertheless in the course of the auction EUR/USD fell 60 pips.
Xaron
Munich, Germany
Posts: 528
14 years ago
Apr 13, 2010 10:28
Looks like a success. At which rate?
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Apr 13, 2010 10:25
GREECE: Sold 1.56 billion euros of 26 and 52 week bills, more than the 1.2 billion euros which was initially planned.

what does this mean for euro?
Tenapenny
Coventry, UK
Posts: 14
14 years ago
Apr 13, 2010 10:09
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Apr 13, 2010 8:30
Wait for sales of Greece short term bonds. I expect auction will meet demand at interest close to but beyond EU cap 5%. Keep in mind the USD wouldn't near collapse if Idaho goes bust although its contribution to GDP is about that of Greece to EU GDP. What is in question is EUR not Greece. Gr is entirely unimportant.
nzvik
Auckland, New Zealand
Posts: 225
14 years ago
Apr 13, 2010 4:24
Okay - the Eurusd gap does not want to fill up (unlike GBP which filled nicely yesterday). The longer the EurUsd gap does not fill up, the less likely it will - shorts caution. Has formed some nice support around 1.3560 - needs to break this to open down side.
said
mulhouse, France
Posts: 2822
14 years ago
Apr 12, 2010 23:11
THANKS XARON
JUST CLOSE A LOSING POSITION THAT WAS A WINNING ONE ON DOW
TOO GREEDY ON THIS ONE
WAS EXPECTING A RTETRACEMENT OF 76 PERCENT RETRACEMENT BEFORE CLOSE
ANYWAY AL WAYS LEARNING;