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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
Meanwhile, this is all getting rather heavy.
Time to turn to Zerohedge for some entertainment:
http://www.zerohedge.com/article/breathtaking-250-pip-intraday-move-euro-central-banks-try-kill-eur-shorts-goldman-loses-more
Trichet claimed ECB doesn't do QE. This claim could be the "intervention" already. I will put a narrow s/l on EUR/USD long and sell EUR @ 1.27
When did he say that? Last I remember him saying we'd need a bounce to around 1.25 for shorts (or words similar to that).