Traders should haste a bit to understand what the bailout of Cyprus banks means for at first the "weaker" members of Ezone. In short term positive for EUR in long term very negative. And from Merkel all plump lies. The russian Oligarchs who caused the crisis of banks of Cyprus as they withdrew the laundered money at left the banks bare of any capital will not be charged with 10% . So the question no journalist not even in UK dares to ask did Merkel warn her russian oligarch friends? In the near future no matter what charts say there will be a large withdrawal of accounts from Italian Spanish ..and you name it banks. That will strengthen which currencies? No the CHF not so much the russian Oligarchs are already out they prefer USD now. But yes the Singapore dollar. Possibly the HK dollar, too. And the JPY.
Ah indeed....did anyone think the Fed is about anything else than the sweet spot trading range of the USD? I didn't. After all the Fed is the legal owner of all dollar bills ever issued... I played today quite successfully with EURGPB ( long) always guided by strength meter. I think keeping a position could make another profit in next week. Merkel will bailout russian oligarchs that is monetize their laundered money into solid Eur bills that could lift EUR while GBP could be downrated by StandardPoors and or Fitch.
A recently published book demonstrates strikingly to which order of magnitude Merkel and Schauble betray the markets. The book calculates razor sharp: Germany is by far the most indebted Ezone economy. Schauble has never included the pensions of zillions of officials due in the next 7 years: these exceed Euro 2 trn ! There are no funds anymore, Schauble used these to play the actual debt of Germany down.
yes since 2955 this morning I even loaded up long. I am fully trusting Don Draghi. Only that Merkel gives russian oligarchs bailout precedence in Cyprus case may anger JPM GS and so on. Target is still 1,32 EU may even go to 1,33 in first run. I started EJ short at 124,4
USDx not far from hi reached July 2011 there was some Eur crisis going on then now forgotten :-) EUrx and USDx together look a bit like Eur crisis is back... Italy may be downrated soon Don Draghi will revenge. Perhaps tomorrow?
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ما وراء هبوط الدولار مع الذهب و من منهما يتمكن الارتداد؟
موعدنا الآن في غرفة شركة إكس أم لجلسة الأسواق
https://t.co/Y7tD0RxCS2
@XM_COM (10 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (10 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (10 months ago)
Earlier in the week gold selloff was attributed to smaller than exp China EASING. Metal is now holding v well despi… https://t.co/ZW9cmXTPWW(10 months ago)
In short term positive for EUR in long term very negative.
And from Merkel all plump lies.
The russian Oligarchs who caused the crisis of banks of Cyprus
as they withdrew the laundered money at left the banks bare of
any capital will not be charged with 10% .
So the question no journalist not even in UK dares to ask did Merkel warn her russian oligarch friends?
In the near future no matter what charts say there will be a large
withdrawal of accounts from Italian Spanish ..and you name it banks. That will strengthen which currencies?
No the CHF not so much the russian Oligarchs are already out they prefer USD now. But yes the Singapore dollar. Possibly the HK dollar, too. And the JPY.
some good trades swing but these are positions.
I bet on politics.
After all the Fed is the legal owner of all dollar bills ever issued...
I played today quite successfully with EURGPB ( long)
always guided by strength meter. I think keeping a position could make another profit in next week.
Merkel will bailout russian oligarchs that is monetize their laundered money into solid Eur bills that could lift EUR while GBP could be downrated by StandardPoors and or Fitch.
The book calculates razor sharp: Germany is by far the most indebted Ezone economy. Schauble has never included the pensions of zillions of officials due in the next 7 years: these exceed
Euro 2 trn ! There are no funds anymore, Schauble used these to play the actual debt of Germany down.
I am fully trusting Don Draghi. Only that Merkel gives russian oligarchs bailout precedence in Cyprus case may anger JPM GS and so on.
Target is still 1,32 EU may even go to 1,33 in first run. I started EJ short at 124,4
no one listened...
EUrx and USDx together look a bit like Eur crisis is back...
Italy may be downrated soon Don Draghi will revenge. Perhaps tomorrow?