@montmorency: a vested interest in buying Euros? Who could that be? Hmmm, let's see what we have in that drop-down menu... ummm.... let's pick speculators today. It could be speculators :D
@Shane: same question here! The rumoured Greece aid package must be bulletproof then, if seemengly everyone is rushing for EUR. But my guess is that this is not EUR long but short covering. After all weekend is tomorrow and who knows what will happen? I did the same: I closed my profitable eurusd shorts.
Sure, but looking at the price, it's clear what people think about right now ;) Huuuraaay, the euro is saved! Anyway, this new paint will have to dry a little..
London, April 9. EUR/USD has risen to a 3-day high of 1.3439 as some short euro positions are squared on the back of the claim from a macro-political intelligence service that EU officials have reached an agreement in Brussels on funding a backstop deal for Greece. The name-in-the-frame reportedly says that the package will be a single "one-stop shop" between the other 15 EZ members, EU institutions, and the IMF. It also says that if Greece wants to tap the E20-25bn fund, it will have to apply to both the EU and the IMF jointly. The EZ share of the finance will allegedly take the form of bilateral loans at a rate higher than that of the IMF but well below those in the market.
newswire: London, April 9. EUR/USD has risen to a 3-day high of 1.3439 as some short euro positions are squared on the back of the claim from a macro-political intelligence service that EU officials have reached an agreement in Brussels on funding a backstop deal for Greece. The name-in-the-frame reportedly says that the package will be a single "one-stop shop" between the other 15 EZ members, EU institutions, and the IMF. It also says that if Greece wants to tap the E20-25bn fund, it will have to apply to both the EU and the IMF jointly. The EZ share of the finance will allegedly take the form of bilateral loans at a rate higher than that of the IMF but well below those in the market.
what an ugly priceaction on GBPUSD last 4 days. Bahhh, another 50pips in 15min... And EURUSD the same, only it's 60pips in 15min and rising. Outrageous ... Did the world got mad once again?
Try publishing this in the UK weekend papers: Traders bet BankofEngland will raise rates to 6.25% --highest since 1… https://t.co/GWXrTEAk4R(11 months ago)
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-5% YTD is not good, while -7% from the year highs can be tough. Gold traders have their eyes fixated on this for n… https://t.co/NV5UMKsfNo(11 months ago)
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 (11 months ago)
Jobless claims > 300k before next FOMC meeting would be ideal for Fed to make up for any CPI upside surprise (11 months ago)
"Cook & Eat at Home" scheme may come next to defeat UK inflation... (11 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(11 months ago)
Gold and USDJPY
Weaker than expected CPI is expected to help gold and drag on USDJPY until this evening's Fed decision/press conference..
View Hot-Chart..
London, April 9. EUR/USD has risen to a 3-day high of 1.3439 as some short euro positions are squared on the back of the claim from a macro-political intelligence service that EU officials have reached an agreement in Brussels on funding a backstop deal for Greece. The name-in-the-frame reportedly says that the package will be a single "one-stop shop" between the other 15 EZ members, EU institutions, and the IMF. It also says that if Greece wants to tap the E20-25bn fund, it will have to apply to both the EU and the IMF jointly. The EZ share of the finance will allegedly take the form of bilateral loans at a rate higher than that of the IMF but well below those in the market.