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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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said
France
Posted Anonymously
14 years ago
Jun 15, 2010 23:11
eh mont
dont u think that emerging market will be resilient to downward movein market. i think that sensex has some good upside potential and will be the least affected by the double dip. minor foreign particiaption is a reason why i said this. it is a domestically held market which is good in economic turbulences.
companies dependant on foreign contracting such as outsourcing will affect hte tenure of indices but the strengh will come from domestic companies which make the bulk of the listing. thats why i think india is the placeto be.
Regionally india will play arole and we can see it in the strengh of its currency but it must control its capital outflow or at my opinion the deterioration of economic envirinment might benefit some elected eastern european countries. the same process has been set up during the 97 asian financial crisis.


as for SEN i was kidding
said
mulhouse, France
Posts: 2822
14 years ago
Jun 15, 2010 20:14
who's gonna pay the pute bill?
said
mulhouse, France
Posts: 2822
14 years ago
Jun 15, 2010 20:12
what about sensex? S.E.N for special education need BILL
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 17:39
There's an old joke about a Frenchman visiting NYC for the first time. He is taken to see the Empire State Building. "It's great; it makes me think about sex". He goes to the Statue of Liberty. "I love it; makes me think about sex". They take him to Times Square. "Fantastique - makes me think about sex". They ask him: "Why does it make you think about sex?". "Mais oui, because everything makes me think about sex".

Some people are like that about buying gold.

:-)
ross
Hawaii, United States
Posts: 37
14 years ago
Jun 15, 2010 16:06
Eur at 135? - This guy says opportunity to buy gold: http://www.uncommonwisdomdaily.com/euro-rally-is-a-golden-opportunity-9593?FIELD9=2
ross
Hawaii, United States
Posts: 37
14 years ago
Jun 15, 2010 15:53
Ashraf, I hope you are enjoying the games and your ears are ok! When you say "No real resistance levels have been broken in EURUSD (1.23) and AUDUSD (0.86)" - by broken you mean a close above those levels on the Daily or Weekly?
montmorency
Abingdon, UK
Posts: 610
14 years ago
Jun 15, 2010 15:22
We were supposed to have seen the bottom at 1.34....1.32....
Stationdealer
London, UK
Posts: 715
14 years ago
Jun 15, 2010 13:34
Talk In Market.
Large EUR/USD 1.19-1.25 dnt in place.
Greek Bonds To Take 5% Haircut At ECB
The ECB announces that Greek bonds will get 95 cents on the euro when put up as collateral at the ECB. That is a result of Moodys downgrading Greek debt to junk yesterday.
Under old ECB rules, Greek debt would now be ineligible for use as collateral at all, so a 5% haircut is chump change
EUR/USD is consolidating at 1.2250 after a combination of central bank and real money demand
Xaron
Munich, Germany
Posts: 528
14 years ago
Jun 15, 2010 12:27
Yes. This downgrade was not a surprise and market participants tend to think ahead and look forward. And what they might see is that Europe already has done some nice measures against their debts, things that the US hasn't done yet.

We've seen the bottom.
Passion Trader
Singapore, Singapore
Posts: 52
14 years ago
Jun 15, 2010 12:25
Euro Declines After Moodys Cuts Greeces Debt Rating to Junk
http://www.businessweek.com/news/2010-06-15/euro-declines-after-moody-s-cuts-greece-s-debt-rating-to-junk.html


It tanked down to 110.85 after the news released, and now reverse back to 112.00.

Any comment?
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