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

EUR

Discuss EUR in this thread
 
usikpa
Russia
Posted Anonymously
13 years ago
Feb 3, 2011 11:23
Guys, I know this is more of a phylosophical discourse, but...

Let us just suppose that ...
- ... in a month time, the core PCE price deflator bottoms out in the US and prints at 0,9 or 1 per cent, or ...

- ... February 9 (or is it 8) Ron Pauls congressional subcommittee (not so all of a sudden) clearly raises an issue with the FED's second mandate, or ...

- ... tomorrow, we have 250 thousand new jons in the US as a headline, or

- ... I know this means nothing to you yet but, still, given the latest FED's statement, we notice that the MARKET disagrees witht the FED, and the 10 year yields are on their way to 3.8%

... would you still go for 2 dollars per Euro?
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 3, 2011 11:22
It is possible it is also possible that an earthquake wipes out California.
But the immediate outlook for EUR is bad.
More likely than anything is that the middle east crisis serves as a trigger to collapse the Ezone debt house of cards .
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 3, 2011 11:18
catnip, one final comment:

Sugar at 30 yr high, Cotton 150 yr high... aside from that- deflation. Yes & CORE PCE Price index hit ALL TIME LOW ! ! $$

And you think USD could rise? You must be kidding me.
Xaron
Munich, Germany
Posts: 528
13 years ago
Feb 3, 2011 11:10
Putko I am with you regarding the Euro. $2 is possible (and even likely if the US continue that way) in the long run.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
Feb 3, 2011 11:03
EU subject to Trichet speil but that apart watch 3730 to 3704 for potential support
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 3, 2011 11:00
Yeah, facts speak for themselves. No need to comment them. Everybody here has read your calls for parity.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 3, 2011 10:59
Don't even try to make it up to me.
You cannot. End of discourse.
Putko Mafani
Cape Town, South Africa
Posted Anonymously
13 years ago
Feb 3, 2011 10:51
And you get it? Come on, catnip. You showed that your analysis is not good for forecasting fx.
Back down at 1.20 you expected 1.00 (parity). But EUR climbed to 1.40. So you think you got it right?
Then again at 1.30 a month ago you expected 1.27 and 1.20. However EUR climbed to 1.38. So again you got it right?
Come on. You have proven time ana again that you do not know shit.
So stop this chit-chat of yours.
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 3, 2011 10:46
you will never get it .... gl
catnip
Frankfurt, Germany
Posted Anonymously
13 years ago
Feb 3, 2011 10:45
FED has always one more degree of freedom than ECB .
Devaluing USD is inconsequent .
I'll wait for ECB press conference and then sell the last EURUSD long if Trichet blathers along as he always did