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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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Xaron
Munich, Germany
Posts: 528
15 years ago
Apr 12, 2010 9:23
Ginger, I tend to agree, BUT the US and UK aren't in any better shape actually. And as we trade currency pairs one must look at the other side as well... So the better option could be metals.
Ginger
UK
Posted Anonymously
15 years ago
Apr 12, 2010 9:18
is this token offer not just that - amounts to only 10% or so of Greece's debt mountain. Feels like a band aid to plug a gaping hole - short-term relief rally in Euro understandable but overdone imo.
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
Apr 12, 2010 8:51
Yes,
I'm long short term and short long term here on eurusd stop loss 1.38
Ginger
UK
Posted Anonymously
15 years ago
Apr 12, 2010 8:46
anyone shorting from here?
rrose
United States
Posted Anonymously
15 years ago
Apr 12, 2010 8:46
why is the euro falling so fast no buyers any more it seems like good price to go long
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
Apr 12, 2010 8:26
I expected a more prolonged raise in Japan trade perhaps we'll see that today but so far it seems
the "surprise" move is well priced. Again and again: EUR is a construct based on treaties AND whatever
the EU pledge is called it is NOT supported by treaty. It is if triggered quantitative easing just that.
If it is triggered then expect political turmoil.
The only reasonable explanation of strength of GBP vs EUR is just that as any kind of bailout destabilizes the EUR core economies politically.
I have not seen a direct commitment of IMF so far.
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
Apr 12, 2010 8:24
Xaron,
I know, as I said too, I'm waiting a better level to short EurChf again... 1.4580 will be an excellent level to enter short long term again
sub
UK
Posted Anonymously
15 years ago
Apr 12, 2010 8:13
ashraf, you say you would rather keep eur usd shorts. do you still see this heading to 130 and 128 within q2? or is that call now off?
Xaron
Munich, Germany
Posts: 528
15 years ago
Apr 12, 2010 8:08
You all are right, fundamentals haven't changed but don't forget that we don't need new buyers here but only some of the shorts to be closed! And that's what happened I guess. Large stops were taken out. And even the fundamentals haven't changed for the EU the fundamentals for the US (concerning the debts) don't look better. So there are always two sides. ;)
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
Apr 12, 2010 7:57
As I said, eurchf next target 1.4580
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