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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
so gold is determining eur. Apparently spanish banks get a boost today watch how bond auction goes Portugal. TEdspread is determing gold and hence eur/usd , too.
dispite chf sharp rally I'll short chf against eur above 1.3950 because I think SNB will intervene near this level... They are very very anxious, under 1.40 the labour market could be very affected in switzerland
What is your opinion
-- Markets gradually returning to normal functioning
-- Our objective is price stability over med/long term
-- We said we would reabsorb all extra liquidity
-- Debt purchases completely in line with treaty