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

EUR

Discuss EUR in this thread
 
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Boli Mekura
Guam
Posted Anonymously
13 years ago
Feb 2, 2011 8:01
Feds Easy Money Helps European Banks Refinance
February 01, 2011, 2:11 PM EST

These European banks issue USD denominated bonds in USA, then sell the funds to get EUR to refinance their operations at home. USD under pressure.
http://www.businessweek.com/news/2011-02-01/fed-s-easy-money-helps-european-banks-refinance-credit-markets.html
pkumar97
India
Posts: 19
13 years ago
Feb 2, 2011 6:22
ohh common bro i was just joking ..he he , eu leaders are trying to support their currency when ever they are getting a chance , see what is goingon in US , they are not even bothered about the USD , uwwfff
digi
toronto, Canada
Posted Anonymously
13 years ago
Feb 2, 2011 6:01
where do u get this info?
pkumar97
India
Posts: 19
13 years ago
Feb 2, 2011 5:58
:) thanks subway .. will build shorts soon :) nobody is intrested to buy USD it seems like that .. Heard that Captain. BB itself short in USD HE HE
subway90
Posted Anonymously
13 years ago
Feb 2, 2011 5:50
pkumar...

yes... charts still pointing up atm.... like i've mentioned... break below 3800 level would see pullback to 3700 level... need to break below 3700 level for initial signal Euro hass topped current rally... if 3700 level holds... possibility of move toward 4000/4050 level can not be ruled out... but i really don't see Euro moving past above 4050 level...

gl
pkumar97
India
Posts: 19
13 years ago
Feb 2, 2011 5:43
Hi Subway, still it is showing uptrend on daily and hourly , how long it can move up , waiting for a short setup in EURUSD , share your view on this please
subway90
Posted Anonymously
13 years ago
Feb 2, 2011 5:38
digi...

don't worry too much... expecting pullback at least to 3300 level within feb... :)
digi
toronto, Canada
Posted Anonymously
13 years ago
Feb 2, 2011 5:13
no need to go higher , i wanna see lower
subway90
Posted Anonymously
13 years ago
Feb 2, 2011 5:02
3800 level now acts as minor support... as long as it holds... could see a little more upside to challenge 3880/3900 level... break below 3800 level would see pullback to challenge 3700 main support... break below 3700 level would be the first signal that Euro could've topped and break of 3570 confirms...
digi
toronto, Canada
Posted Anonymously
13 years ago
Feb 2, 2011 2:19
m
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