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- Xdir replied Jan 23, 2012
What the hell is EZ playing at? time for deal is running out, thye have to get the paper work through of it will be a technical fault. If EZ find a legal loophole to get Greek out of a technical default it will destroy european contract law.
EURUSD
- Xdir replied Jan 22, 2012
Anyone tracking the Asian open on XE? its now 1.2907 from the friday close of 1.2936
EURUSD
- Xdir replied Jan 21, 2012
There is still a good chance of a deal, Dallara left Athens but left his technical team behind, they will crunch the numbers with IMF/Greeks and possibly have a deal for Monday, the markets cannot have much action tomorrow (Monday Asia time) due to ...
EURUSD
- Xdir replied Jan 20, 2012
CDS holder will get peanuts BUT what about Bob's hedge fund that also bet that Greece will go bankrupt (not only Bob but also tom dick harry and hundreds more), that will hit the insurers & those backing the Insurers. the only option for Greece is ...
EURUSD
- Xdir replied Jan 20, 2012
Debts are insured though CDS, unfortunately the value of the CDS far exceeds Greece's actual debt because non-actors also bet on Greece defaulting - if CDS are activated it will nuke the financial markets.
EURUSD
- Xdir replied Jan 20, 2012
No reaction could mean this current rally had already priced in today's agreement
EURUSD
- Xdir replied Jan 20, 2012
Exactly, when you owe a little bit of money, your creditor will screw you - when you have a lot of debt, you screw the creditor... Greece copied the Donald Trump method, owe so much money you threaten to take the investors down, they end up ...
EURUSD
- Xdir replied Jan 20, 2012
Breaking news The Greek government and private creditors have reached an initial agreement for a bond swap, Bloomberg reported, citing the Athens-based newspaper Proto Thema's website.
EURUSD
- Xdir replied Jan 20, 2012
From the Greeks point of view, they have nothing to lose its bad either way, from the creditors side, their debts are insured so Greece has to pay 100% or they get 100% from insurers. The losers are those paying the taxes that funds into ESEF (i.e ...
EURUSD
- Xdir replied Jan 19, 2012
Not necessarily, it might go sideways for a bit. Until we hear good/bad news from Greece.
EURUSD
- Xdir replied Jan 18, 2012
Quick Q, do Hungary's problems have any sway on EurUSD? Will EU be force to bail it out even though its not part of EZ
EURUSD
- Xdir replied Jan 18, 2012
not only green but also double the prediction, if it was understandable FX trading would not exist

EURUSD
- Xdir replied Jan 18, 2012
Plenty of US news scheduled on calendar, somethings bound to shift the market one way or another.
EURUSD
- Xdir replied Jan 16, 2012
url Moody's keeps French AAA credit rating Ratings agency Moody's has said it is maintaining France's top AAA credit rating for now, three days after the country was downgraded by another agency, Standard & Poor's (S&P).
EURUSD
- Xdir replied Jan 16, 2012
Its the Daily Mail, a paper known for its far right views (in the 1930's its owner supported Mussolini & Hitler) has hates anything foreign including the EU and Euro. Personally I think the Euro will rise on the back of the downgrade as it was ...
EURUSD
- Xdir replied Jan 16, 2012
I think you should read up on Egyptian history, especially the last time Egypt tried blocking the Suez... Also remember Egypt receives $2Billion in aid from US, plus unknown amount of military assistance in the form of trainers and discounted ...
EURUSD
- Xdir replied Jan 15, 2012
If your playing 1c a pip thats fine, but not when your $10 or $100 a pip - unless your dead cert with your trades, in which case you would not be looking at pre-market action as you would be making more then enough pips during the major markets...
EURUSD