EURUSD - Trends, Forecasts and Implications (Part 3) - page 755

 
SEVER11:
Make the scale of the indicator smaller, you don't have to see it, you can see the signals on the chart... and it'll be less stressful on your eyes. Good luck everyone... Taking a couple of weeks off, like Stranger.

Can you tell me how, I can't figure it out myself?
 
toxa79:

Can you tell me how, because I can't figure it out myself?
 
 

SEVER11

Thank you very much as a human being.

 
 
Well it's still a long way to 1.5 I'm at 1.463 I've already put the breakeven
 

S&P affirms US AAA rating after outlook revised to negative

00:07, 21.04.2011
- Forecast on FANNIE, FREDDIE debt revised to negative

- Forecast on 10 of 12 domestic loan banks revised to negative

 
From 21 April Europe's largest clearing house LCH.Clearnet is increasing the margin requirement for long positions in Portuguese bonds from 15% to 25%.

The euro, meanwhile, is trading at 1.4500, trying to gauge for itself the significance of the announcement. Traders note that the "Teflon" euro continues to fend off another batch of bad news.

 

John Taylor, chairman and founder of FX Concepts, the world's largest currency hedge fund, believes that the single currency will rise against the US dollar for another 3-4 months. Taylor shares the view of many economists that the euro will be supported by widening interest rate differentials as the market expects the European Central Bank to continue tightening monetary policy, while the Federal Reserve is likely to keep rates at record lows.

The specialist notes that Southern European countries are in recession, while the German economy, on the contrary, is booming, so rates in Germany should be at 5-6%, while the peripheral economies of the south need zero cost financing. According to Taylor, the ECB's "one-size-fits-all" policy is a serious problem for states in the region.

Reason: