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[Archive] FOREX - Trends, Forecasts and Consequences (Episode 15: May 2012) - page 112

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solar:
Greek residents withdraw money from banks en masse
They started withdrawing it right after the elections, when it became clear that the left-wing radicals had won a lot of votes. They want to nationalize the banks and go hard on the accounts with "surpluses". In addition, they advocate leaving the eurozone, which really threatens a collapse and the loss of all "hard-earned" savings.
s_aullma:
They started withdrawing them right after the elections, when it became clear that the left-wing radicals had won a lot of votes. They want to nationalise the banks and go hard on the "surplus" accounts. In addition, they advocate leaving the eurozone, which really threatens a collapse and the loss of all "hard-earned" savings.

we'll see the pair at 1.18...what will the bulls do then....

and this whole thing could also provoke panic in the population of other troublemakers - the Spaniards, and there's more to come...

rigc:
we'll see the pair at 1.18...what will the bulls do then....
for 1.18 Obama will be torn to shreds :) won't last long there......
Aleksander:
for 1.18 Obama will be torn to shreds :) won't last long there......
well that'll be romney)))) that's it)))
rigc:
we'll see the pair at 1.18...what will the bulls do then....

Euro will be where the Germans and Americans benefit. Greece doesn't make the weather.
Serg51:

The Euro will be where the Germans and Americans benefit. Greece is not making the weather.

the Germans are now benefiting from a reduction.... they are now borrowing at half a percent!

The price of German goods on the world market is going down, it's very profitable for manufacturers...

and the news is all good for the euro.... just in time for a pullback))))

Don't forget to sell at 1.28

rigc:

the Germans are now benefiting from a reduction.... they are now borrowing at half a percent!

The price of German goods on the world market is going down, it's very profitable for the producers...


Any exporting country benefits from a cheap currency. Germany is one of them. But did the Americans print tons of money for nothing? They don't need an expensive dollar either.
In the meantime, the franc, which had thought about going down, continued on its way to parity, and the yen was not left out... whose fault is that? ;)
Looking at the buy at 1.31800, I want to say a few words :)
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