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

EUR

Discuss EUR in this thread
 
1...270027012702270327042705270627072708270927102711271227132714...3077
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Jun 17, 2010 13:05
if we see no more upside on eurusd after spain auction, this afternoon we gonna see a big reversal
Pipster
UK
Posted Anonymously
14 years ago
Jun 17, 2010 12:58
Ing

Nice insight to the view on the eur/usd. I am also waiting for the 1.2425 area and will be shorting it. All the best
INGbalek
Trencin, Slovakia
Posts: 120
14 years ago
Jun 17, 2010 12:55
@mates..

I would like to believe that 1,2450 is THE TOP and THE ROOF of this retracement, yhats why my orders are at these levels...
There is the falling trendline & at these levels were former support and res zones (BIG support from 4.3.2009 , 20. & 21.11.2008..and popular zone from 05.2010)..

only one thing can disturb me..there is another falling trendline..going from last years high..it crosses with 23,6 Fibo (1,51431-1,18754)...We have take it into consideration for sure, thats why i ll be adding around 1,2640 with stops for both trades 1,2710..
Dodger
Singapore
Posted Anonymously
14 years ago
Jun 17, 2010 12:32
Note that in Hong kong a developer (Henderson Land) which was building a luxury condo on land for which it paid a record price has a very high cancellation rate on its prebuild sales,much of the target market wealthy mainland chinese.Compared to the buying frenzy a year ago thats incredible,seems central government efforts to cool an overheating market are working but could also mean there are beginning to be problems in the chinese ecconomy.Considering its theoretically a cornerstone of the world recovery(which is why I placed this in euro section),this does not bode well for any of the risk currencies going into the near future.
Xaron
Munich, Germany
Posts: 528
14 years ago
Jun 17, 2010 9:24
I have huge longs in play with a target of 1.2350 then 1.2495. Let's see. Looks like there is some kind of floor and good buying pressure (against GBP as well).
catnip
Frankfurt, Germany
Posted Anonymously
14 years ago
Jun 16, 2010 22:38
I don't think eurozone will publish bank stress test results only Spain and Germany have agreed so far. Btw. these stress tests are performed annually but are not published. I don't think that publishing stress test results for Ger and Sp only is "transparent" and I have some doubt whther the results can be good. Banks in the euro zone area have $727 billion of exposures to Spain, French banks were particularly exposed to the Spanish non-bank private sector $97 billion, while more than half of German banks foreign claims on the country were on Spanish banks $109 billion. and the exposure corporate loans are about equal to above figures. So stress test results for for ex Italian banks won't be published. Especially loans to construction
are assumed to be not performing. That is all way above Greece.




ross
Hawaii, United States
Posts: 37
14 years ago
Jun 16, 2010 22:11
Eurozone decided to publsh their bank's stress test results. I don't think they would publish if the news was bad. Fundamentally Euro is still not in good shape - but I believe China, US and other large holders of Euro are secretly holding the euro up - so until they all run out of money we will not see the lower prices many have predicted. The lower prices are technically correct, and probably the true fair value but government intervention may keep it from happening. If the people in the US had any idea how much USD was being put into this scheme - they would be screaming! I wonder if bears are still out there?
said
mulhouse, France
Posts: 2822
14 years ago
Jun 16, 2010 21:44
djellal

the FDR is here to manage the pension of the frnch workers distributing part of the proceed of the the fruit of the invstment. the other part well lets not talk about
each institution such as the SECU is an entropy i mean its like a thermodynamics system which provide energy and consume energy. there is no real accountability in the method of accounting used by this institution. they all are benefeciary but they prefer invest in danish mortgage for instance.
djellal
LAUSANNE, Switzerland
Posts: 531
14 years ago
Jun 16, 2010 21:25
also,
all issue in France don't come from the level of the pensions but especially from the management of the public finances for several years and the Account Court has no power of penalty what is not normal according to me and the sarkosy government put the money of the "secu" in their pockets:

look "SECU" deficits
2008 = euro 4 billions deficit ; on 2009= 20 billion euro and expected in 2010 = 27 billion euro even if there is more unemployment, in my opinion there isn't 7 times more patient in 2 years
said
mulhouse, France
Posts: 2822
14 years ago
Jun 16, 2010 21:13
djella

good to see that at least someone get agreed with me

good for my ego.
Report Reply
1...270027012702270327042705270627072708270927102711271227132714...3077