[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 6: August 2011) - page 40
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To be honest, the market hasn't reacted at all lately. it just dances as and when it wants to.
Well, some guys do trade for their own money...:-)))
and their forecasts are quite modest...
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Aren't you sick of the copy-paste hobby ? Tell us about yourself.... )
P.S. How's the omelette ?
EURUSD is competing to see who is weaker. Back in 2008, when the U.S. announced that it would solve its problems by slowly lowering the dollar (i.e. shifting its problems to its neighbours), Europe did not agree, but, bound by some moral boundaries and intra-European agreements, could not openly mock the market by dumping new trillions of printed euros on it - and a three-year marathon of "who is weaker" began
The US baked the quid
Europe is watering down negative info, showing weakness and jitteriness and dependence and so on. There are many countries-participants, the scaremongering for one is over, the other can be taken out of the sleeve.
Demura sees the results of the euro forces and correctly assesses them, that is why he predicts a fall to parity (he is a wave expert, but wave expert can make reasonable forecasts only on large-scale charts). But he, in love with America, underestimates or does not see the same efforts of the Penders; for them the fall of the euro is a nightmare, they need to do everything so that it is the dollar that falls! And the vote to allow the Fed to actually print more money can have no effect on the dollar other than to weaken it.
The difficulty of forecasting EURUSD is that both teams are trying to weaken the currency as much as possible, and sometimes one wins, sometimes the other.
And the Swiss are not accustomed to play such games, so they stand there wondering how their franc has become a supertrade - SUPERTORP, which the Swiss themselves now lack. It's no joke to increase the purchasing power of a currency by one and a half times in one year (poor borrowers who have borrowed in CHF)
Interestingly, previously, a year ago, the dollar and the yen were considered refuge currencies. Today, Japan after the tsunami and the US after the "default", the franc and gold are left. And the question is: If something were to happen to these "safe" assets tomorrow, what would investors buy then? Land in Antarctica?)
An example of a serious analyst is Mr Romanov)))
Guys, today is the last call, who hasn't stocked up stays on the platform)))
Packing bags)))
You should already be in the carriage, not packing bags))))