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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
I see euribor at 1.057% where do u see it at 1.46%?
http://www.global-rates.com/interest-rates/eonia/eonia.aspx
another such sharp raise happened Jul 11 , when EURUSD fell from 1.433 to 1383 followin Eonia rise.
I see two possible explanations: CPI way up triggers speculation ECB may not, as widely expected, decrease the funds rate from 1.5% to 1% in October , but keep it at 1.5%
or, as was the case July 11, liquidity crunch despite of increased EFSF.
I think the latter is more likely.
I still hold EUR short . Imo EURGBP EURCAD EURAUD shorts may drop further than EURUSD, even EURNZD is a good short.
DigiTimer 11
http://b2b.dread.cc/product/DigiTimer_11
http://www.youtube.com/watch?v=CXDgTo9Nsio
DaveO
N.Cornwall, UK
yen might be gettin pretty interesting now.
EURGBP short trend start 866 trend end 8588 all very good bot works perfect. Of course the bot has no idea of prices thus entry and exit is always @market.
However when vol is very high bot sees no entry at all.