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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
http://link.reuters.com/syb39m
Ashraf
http://img814.imageshack.us/img814/1005/image69.png
Bloomberg :
European stress tests on 91 banks will take into account bank losses only on government bonds they trade rather than those they hold to maturity, according to a draft European Central Bank document.
Yepp so we have a vacuum-clean carpet and before cleanup trash was put under the rug
But is it tragedy, comedy, or farce? Or maybe pantomime. Who is the fairy godmother, and who is the pantomime villain?
Im sure there is a rumor of a high-profile stress test failure, but havent heard it yetdown as low as 1.2805 so farButt ugly and razor thin markets out there
Am I noticing something wrong?
that will be bad for eur. I doubt pretty much that the test will be transparent on data