EUR

rrose,
look eurusd at 1.2880

wouldnt be safer to wait for a while

euros rise in the weekend will create a perfect slump later on in the week.

Hi ashraf,
How are you, and cmc market desk in this volatile environment ? Are you making money like us (lol) ?
We are waiting for you analysis about the possible ECB reactions to defend euro ?
On eurchf I 'm waiting for double reaction from ECB and SNB ? your opinion ?
After the sharp movment on eurjpy, do you think that BoJ could limit yen appreciation ?
On this deficit crisis, do you think that china could end Yuan peg in order to improve his independance ?
To conclude I think that ,from three to six months the European will realize (even if they create an european emergency fund to limit the contagion) that their pressure on the Greek authorities to create unconventionnal austerity measures will have pulled a nullity of the growth and thus an impossibility for them to return to the budgetary equilibre thus an impossibility for the Greek to pay off his bonds (and the bailout package), do you think that it will be then the end of the european currency?

Most possibly the most pips are in EUR/JPY long IFF..yes if Euro does not present just another smoke screen. So I am only into eurusd long with 5000 margin and 1.26 sl.