As far as the Euro is concerned, the situation is as follows: Do not buy. Selling is 50/50, as it is likely to either flop or go further down. I'll sit on the fence, I guess.
Gizmo: Comrades! Like-minded people! And just good people! Please tell us your opinion on EVRE (HER PIZ...!!?!???)
Х3. European politicians are already talking about ECB debt purchases as a fait accompli and the Italians and Spaniards are insisting that their debts are bought first.
Nothing has been officially announced yet but everyone is waiting for Draghi to confirm the debt buyback programme tomorrow.
But on September 12, the German Constitutional Court is due to give its verdict on whether Germany has the right to spend taxpayers' money on the debts of other eurozone countries. Since the decision to buy the ECB debts was made against the opinion of the Bundesbank, and since the ECB has no authority to buy bonds, there may be a bummer on the 12th, i.e. the buyback programme will be accepted but no money will be available for the cause.
Luck has arrived, the loss limitation has worked!!!
that's a long stop loss. i got in at 50.
StopLosses are for pussies.
To hell with stoplosses. Gave them up.
I'm not going to re-sell on the pound, it's better to watch from the outside)
Comrades! Like-minded people! And just good people! Please tell us your opinion on EVRE (HER PIZ...!!?!???)
Х3. European politicians are already talking about ECB debt purchases as a fait accompli and the Italians and Spaniards are insisting that their debts are bought first.
Nothing has been officially announced yet but everyone is waiting for Draghi to confirm the debt buyback programme tomorrow.
But on September 12, the German Constitutional Court is due to give its verdict on whether Germany has the right to spend taxpayers' money on the debts of other eurozone countries. Since the decision to buy the ECB debts was made against the opinion of the Bundesbank, and since the ECB has no authority to buy bonds, there may be a bummer on the 12th, i.e. the buyback programme will be accepted but no money will be available for the cause.
NBU makes Forex market illegal