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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
Ashraf
That caps EURx. But could have positive effect on SEK EURSEK short looks nice so far but high spread
However an automatism to pay for EU debt is not permitted. This means no Euro bronds unless German/EU law gets changed which is impossible. So the different countries must recapitalize their banks on their own. With this in mind the Euro cannot get anyware.
I joined yesterday the EUR/USD long as counter movem but I will close it quickly.