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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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lucky
ibadan, Nigeria
Posts: 377
15 years ago
May 21, 2010 20:02
these is just a correction in euro not trend only i cant get the best entry to sell because is very risky
Chartvuze
salisbury, UK
Posted Anonymously
15 years ago
May 21, 2010 19:46
So they have stuck a piece of sticking plaster over one hole in a leaky barrel.

what about Portugal, Italy,Spain, other wise known as PIS.

Good luck out there
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 17:26
ECBs Bini Smaghi: Although With Delay, Europe Is Making Right Decisions

Greece has adopted very strong measures, shown will to put them in practice
Europe is taking steps as well as to strengthen budget rules
Italy must cut public spending to get room to reduce taxes
Italy, other countries budget laws objective is return to primary surplus
Rigorous stability pact has been positive factor for Italy
Euro zone recovery will be slow, gradual, with highs and lows and subject to risk
Risk to recovery are raw material prices, unemployment and changes to market structure

Maybe its me, but this chaps comments always leave me cold. Hope hes more exciting out of the office. Come on Lorenzo, pep it up a little. Born in Florence, lucky bugger.
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 17:19
hahahah oh you poor baby montmorency
mate what you need to realize is that Euro-zone is a big business force and every penny counts, Certainly our pound is not all that bad but what you must look at is all the revenue it bring in. That is a big positive for the UK and weaker pound exports which we don't have many left.
Pound cyclically stays low for some 4 -5 sometimes 10 to 15years till it wake up again, and starts kicking it like a rock start again.
montmorency
Abingdon, UK
Posts: 610
15 years ago
May 21, 2010 17:02
1.20 would suit me. On EUR/GPB, I think I'd like to see GBP=1.50 EUR ("where God intended it to be", as I think Simon Hoggart once wrote). That's from the point of view of a selfish UK Euro-tourist though. For all the talk of Euro weakness, for the pound to be only worth about one Euro plus a handful of worthless change feels like a disgrace. Says a lot about the pound doesn't it?


Meanwhile, here is the BBC's stern, but intriguingly attractive economics wonk, Stephanie Flanders:
http://www.bbc.co.uk/blogs/thereporters/stephanieflanders/2010/05/a_time_for_calmpanic_delete_as.html

And even she doesn't know which way the Euro is going, but she says it beautifully.
Thank goodness the BBC doesn't (yet) employ beautiful airheads, like CNBC.
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 16:59
did you hear about the treasuries estimated of TARP losses?
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 16:57
where's cool cat today?
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 16:57
and yes i was thinking of you too!

ECBs Stark: The Euro Is Not Weak
ECB board member Juergen Stark on German radio has opined It is not the case that we have a weak euro at the moment, the purchasing power of the euro is secured and will remain so. The official added Our monetary policy has not changed and the measures we decided on May 9 did not result in a loosening of monetary policy.

and im saying nothing.
Xaron
Munich, Germany
Posts: 528
15 years ago
May 21, 2010 16:55
I'm here...

...and smiling... ;)
Stationdealer
London, UK
Posts: 715
15 years ago
May 21, 2010 16:46
where the hell is everyone today?
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