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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
macrosam
United States
Posts: 190
15 years ago
Apr 9, 2010 15:31
Fitch downgrades Greece
djellal
LAUSANNE, Switzerland
Posts: 531
15 years ago
Apr 9, 2010 15:24
isn't recovery of the Eur "Word of a Swiss bankier!" be cautious
Ginger
UK
Posted Anonymously
15 years ago
Apr 9, 2010 15:22
A 100 pip recovery in the Euro in 30 mins - question is, is this sustainable through next week and beyond?
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
Apr 9, 2010 15:20
Whatever I'll increase my EUR/CAD short , EUR/AUD short, and EUR/NZD short when these have peaked. Watch EUR/NOK . If it doesn't fall I'll bet we are seeing a false breakout of EUR.
ptaczek
Brno, Czech Republic
Posts: 110
15 years ago
Apr 9, 2010 15:04
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..
Dodger
London, UK
Posts: 139
15 years ago
Apr 9, 2010 15:03
Saying is one thing,doing is another and this may not be the only required before years out!
ptaczek
Brno, Czech Republic
Posts: 110
15 years ago
Apr 9, 2010 15:00
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.
macrosam
United States
Posts: 190
15 years ago
Apr 9, 2010 14:56
By Jana Randow
April 9 (Bloomberg) -- European Union officials said they
are ready to rescue Greece if needed as economists at UBS AG
said that a bailout may be imminent as the countrys financing
costs surge.
A support plan has been agreed and we are ready to
activate at any moment to come to the aid of Greece, French
President Nicolas Sarkozy told reporters in Paris. The EU is
ready to intervene, Herman Van Rompuy, the president of the
27-member bloc, was cited as saying by Le Monde today.
macrosam
United States
Posts: 190
15 years ago
Apr 9, 2010 14:53
Rumblings of an accord being reached but haven't heard any details or official confirmation.
catnip
Frankfurt, Germany
Posted Anonymously
15 years ago
Apr 9, 2010 14:41
I said EUR/USD may recover to 1.34 and so far it did. However I do NOT see any kind of bailout strategy so far it is all endless talk. The Greece problem is not Greece, it is unimportant. The big problems are
failed or just missing Eur zone common economy politics ( how could Greece Spain Portugal compete
with France and Germany ... with olives and red wine? )
the Maastricht and other treaties do not allow a bailout
so the focus is at the "constitution" of the Euro.
If there is a kind of qe ECB of G bonds the problem is still unsolved. Unless there is recovery of economy it will stay in focus.