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

EUR

Discuss EUR in this thread
 
hmmalik
Canada
Posted Anonymously
12 years ago
Aug 16, 2010 10:47
China is sitting on vast amounts of US Treasuries and is becoming increasingly less willing to add to the pile. Instead, the worlds second largest economy prefers to accelerate diversification by buying European (read German and to a lesser extent French) and Japanese bonds.

This action is having a significant bearish effect on USD/JPY and also means that China is again a net buyer of EUR/USD in the FX markets.
hmmalik
Canada
Posted Anonymously
12 years ago
Aug 16, 2010 10:41
Dear Ashraf

I did lpng eur/jpy 110.15 last friday .could i see 111 in near future?

thanks

regards
hmmalik
Ashraf Laidi
London, UK
Posts: 0
12 years ago
Aug 15, 2010 17:41
dahab, ill go for 1.20 first if we see a break of that this year then 1.17 is viable. we mya get a new EUR upturn in later Q4 then fresh EUR losses in early Jan

Ashraf
DAHAB
dubai, United Arab Emirates
Posted Anonymously
12 years ago
Aug 14, 2010 10:26
hi ashraf,ramadan mubarak....look like usd will little strong next week.but how long will euro go down side....ashraf is thier any chances fro euro 1.16 in q4
Qiman
United States
Posts: 237
12 years ago
Aug 14, 2010 0:08
An interesting article about Germany's economic improvement:

Defying Others, Germany Finds Economic Success

"Germanys partners have cajoled, begged and demanded that the government in Berlin encourage more robust consumer spending, to combat imbalances among the countries that use the euro currency. But Ms. Wiblishauser said she was saving all she could, worried that the public pension system she was paying into might not be there for her when she retired.

And she found the prospect of more bailouts for heavily indebted European governments, like this years contentious rescue package for Greece, deeply distasteful. Like many Germans, Ms. Wiblishauser said she was having a hard time seeing the benefits the country received from being a member of the European Union.

I would really like it if we were autarkic, like the Swiss, she said."
http://www.nytimes.com/2010/08/14/world/europe/14germany.html?_r=1&hp

catnip
Frankfurt, Germany
Posted Anonymously
12 years ago
Aug 13, 2010 20:53
no i don't only in cases of clear trends ( rare very rare fx trading is almost always profitable)
Gunjack
London, UK
Posts: 1184
12 years ago
Aug 13, 2010 20:25
@cat u play the Dax? what do you think of swiss re and munich re?
catnip
Frankfurt, Germany
Posted Anonymously
12 years ago
Aug 13, 2010 20:18
lucky
USD weakness is impossible with mathematical precision
catnip
Frankfurt, Germany
Posted Anonymously
12 years ago
Aug 13, 2010 20:17
looks like interest to own eur is approaching zero
lucky
ibadan, Nigeria
Posts: 377
12 years ago
Aug 13, 2010 19:27
beware of 75 in crude if it is broken its better to wait for 70-72 to go long again