EURUSD - Trends, Forecasts and Implications (Part 3) - page 939
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
The actions of three international rating agencies - Moody's, Standard & Poor's (S&P) and Fitch - will be investigated by the Portuguese attorney general's office. The reason was a complaint from several academics in the country who claim that the financial damage to Portugal was caused by the assessments of these agencies.
Economists also do not rule out that the agencies could have profited from the ratings and demand to find out whether EU antitrust law has been violated.
Since March, all of the agencies mentioned have been downgrading Portugal's ratings smoothly. Moody's then fixed the long-term rating for government bonds at Baa1 with the option of a further downgrade. The agency explained its decision by the "political, economic and budgetary uncertainties in the country" as well as by concerns that the Portuguese government will not be able to reduce its budget deficit and maintain financial stability.
Simultaneously with the launch of the prosecutor's investigation, Portugal has requested a financial bailout. On 16 May the EU, IMF and ECB are due to give their final approval for a programme of economic consolidation in the country in return for €78 billion.
Incidentally, the Greek authorities have also expressed disapproval of Standard & Poor`s actions, but so far there has been no talk of legal action.
Everybody says down, but I saw a divergence on H1 - I think it is up
If I am fundamentally wrong - correct me - gurus of thechanalysis
W see - inverted...with a shot to the downside...
In the past two months there have been so many diverters... not a single one has worked... And the MACD is recommended to use on the H4 timeframe, so since yesterday the divergence... And a diverter is just a diverter... Not an instruction for price to change direction.
Everybody says down, but I saw a divergence on H1 - I think it is up
If I am fundamentally wrong - correct me - gurus of thechanalysis
I understand the admins don't want to make it work.
I personally find that the search works by searching for a user's posts.
Or you mean other search?
In the past two months there have been so many diverters... not a single one has worked... Also MACD is recommended to use on H4 timeframe. It's been there since yesterday. And a diver is just a diver... It's not an instruction for price to change direction.
Not a bad 700 pips retracement