[Archive!] FOREX - Trends, Forecasts & Consequences (Episode 12: February 2012) - page 215
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
OK, I'll say...
...learned that things aren't so bad in the Eurozone
to be honest, fundamentally I do not see any reason to celebrate, they just printed a bunch of bonds and made a deal with china (it's not the first time they got screwed, it's their karma), the Greeks got a bunch of ultimatums (let's see how they deal with it in parliament, I can already see the PM leaving) .... what have they done besides making optimistic statements? they've been meeting for six months, looking like a potshake session .
I'm not happy, by the way... I'm not happy... I've got a hang-up... and I do, however, agree with you on what you wrote above
There is a war between the dollar and the euro to see who devalues their currency more against the other )))) Both benefit from low rates to stimulate the economy and exports )))) Maybe I'm being silly, but whatever ))))
I think so ... Sometimes they need one thing, then lobby for one thing, then another ... that's the way it is every day
I think yes ... and no. Sometimes you need one thing, then you lobby for one thing, then another... that's how they get lobbied every day
Ok )))) It's late, I'll leave the test poses unprotected to Asians )))) )))) The forecast is - all who are in the villages better be at the terminal at 04:00 world time or at 08:00 Moscow time ))) Should start moving up )))) Bye all)))
12:03 *DJ Greek government coalition talks on austerity measures ended, no agreement reached
Thursday, feb 09, 2012 12:11
... ... ... ... ... ... ... ...
NEW YORK, Feb. 9 (ANI) - Thursday. /Dow Jones/. The euro traded almost flat on Wednesday, staying slightly below its 8-week high. Markets had been waiting for news on Greece's efforts to reach a political consensus on a debt and financial aid agreement needed to avert a default.
Government and opposition party representatives have been working to resolve differences over economic and fiscal reforms demanded by international creditors. But gaining political support has been difficult, and weeks of round-the-clock negotiations between Greece and private bondholders, who have been asked for significant debt relief, also have yet to culminate in an agreement.
The euro/US dollar pair jumped to its highest level since December 12 at 1.3289 following the news that the European Central Bank /ECB/ may include Greek bonds in its holdings in the debt restructuring. Sources familiar with the matter told the Wall Street Journal. The ECB has been buying Greek debt for much of last year in a bid to offset selling pressure that has driven up borrowing costs.
However, there is confusion on the market as to whether Greece's sharply divergent politicians will be able to resolve their differences, and this has prompted investors to stay out of the bidding. Greece must reach an agreement on a bond exchange by the start of next month. Failure to do so would risk a default, which could trigger a spread of debt problems across the eurozone and possibly force Greece to leave the currency bloc.
"The market is missing clear signals regarding Greece," said Richard Franulovich, senior currency strategist-analyst at Westpac Banking Corp. in New York.
Final acceptance of the agreement "is increasingly factored into quotations and, at the very least, these /negotiations/ should limit the decline of the euro," says Franulovich. As many investors are still short the euro, a reduction could push the euro up towards $1.35 "before we reassess what's going on", he adds.
The yen has risen over the past few months, supported by a massive investor flight to safe haven assets amid Europe's debt crisis and soft US monetary policy. However, traders stayed away from the Japanese currency after the Bank of Japan revealed on Tuesday that it had hidden yen sales in November, just after the intervention was announced publicly.
The news made the market wary of further action by the central bank to weaken the yen.
"Japanese officials have warned in recent weeks about the strength of the yen against the dollar and euro," Simon Derrick, senior strategist-analyst at Bank of New York-Mellon, wrote in a research note. - Therefore, we cannot rule out the possibility that operations could also be directed against the euro in the coming weeks. He who is forewarned is forearmed."
-Author Javier E. David, Dow Jones Newswires;
GMT: 2012-02-08 23:11:04
Thursday, feb 09, 2012 12:57
... ... ... ... ...
♪ on February 9 ♪ /Dow Jones/. The euro/U.S. dollar pair fell sharply after news that Greek government coalition talks on austerity measures ended inconclusively. The pair fell to 1.3215 from an earlier high of 1.3262 and was trading at 1.3235 at the time of writing. "The general consensus is that negotiations are moving towards resolution" but the market remains exposed to headline risk, says a senior trader at a major Japanese bank, adding that the pair's fall could be limited. Greece's party leaders appear to have disagreed on pension cuts. Meanwhile, a Socialist party spokesman said the politicians could meet later. Trader expects the pair to trade in a range of 1.3150-1.3350 on Thursday
Dow Jones Newswires, PRIME
Folks, anyone using the ishimoku? Can you give me a view of the cloud passing on the daily chart?
Put the indicator on the daily chart with the standard settings and you will see everything
And I'm in sales)))))
Article, turkey jammed)))
Insta market makers rule