I'm not far off. 1.3932 Price was aggressively rejected at 1.3935. I had a sell limit order at 1.3930 and got slipped 2 pips in my favour.

ECB announces additional US dollar liquidity-providing operations over year-end

the rallyies are no more than bounces, short coverings and in some instances, window dressing by funds. Any real buying that may be happening is more of a reshuffle of portfolios and technical traders following the (most likely fake) upward swing. ...

Is The Dollar Liquidity Move a Preparation for the Greek Default?

Yes I am European and you are absolutely right. But what has that got to do with whether or not Eurobonds will work? Regardless of how we got here, trying to undo what has already been done will end in disaster. The best we can hope for is a ...

Are euro zone bonds the new subprime?

Fact: At minimum, Greece is already in a technical default. The only question now is by how much and when it will be finalized.

Is The Dollar Liquidity Move a Preparation for the Greek Default?

RodMca, I was sitting on the fence but it was hurting my a$$ so I jumped off and put on some shorts.

ECB announces additional US dollar liquidity-providing operations over year-end

Not so fast DF. Those USD loans may very well be used to buy US products.

Here Is What Just Happened

Chodd22, Technicals do not work on the button during news events whether they are scheduled or by surprise. However, overall, technicals are very important in determining entry and exit points. It also denpends what technical indicators you are ...

ECB announces additional US dollar liquidity-providing operations over year-end

LOL

ECB announces additional US dollar liquidity-providing operations over year-end

Hard to say at this point blackcat. Maybe? You just have to look for a clear reversal signal. Right now it still looks bullish.

ECB announces additional US dollar liquidity-providing operations over year-end

chodd22. I don't do gold. For me, it's a bubble. so I don't bother. Obviously a devaluation of the USD artificially drives up the price and it makes a great hedge for savers but since nobody really knows the Fed's next move, I wouldn't be ...

ECB announces additional US dollar liquidity-providing operations over year-end

For now yes because it mitigates the fear of Euro bank failures. As soon as the dust settles, the main debt crisis will come back into focus.

ECB announces additional US dollar liquidity-providing operations over year-end

The only form of QE3 I can see in the immediate future is rollover 5y and 10y bonds to 30y That will give the gov cheaper money to spend on longer term stimulus efforts, as opposed to short term make work projects that fizzle out in less than a year. ...

ECB announces additional US dollar liquidity-providing operations over year-end

Coordinated effort between all the central banks to provide USD liquidity funding to european banks. Because euro banks are too scared to lend to each other and the ECB can only lend euros.

ECB announces additional US dollar liquidity-providing operations over year-end

Exactly

Are euro zone bonds the new subprime?

It will keep its balance if, and only if we get a fiscal union/Euro finance ministry. Without that, eurobonds will not work.

Are euro zone bonds the new subprime?

I am neutral and standing by the sidelines. First I want to see how the Philly Fed Manufacturing Index comes out and then Employment claims in US. EUR is a risk currency. It is not going up because the euro has earned any appreciation. It is going ...

EU's Rehn: should be able to conclude Troika Greece review by end September

They need the funds by October.

EU's Rehn: should be able to conclude Troika Greece review by end September

Tranco, Greece has already technically defaulted. Why do you think that they are looking for a 90% participation rate from private bond holders to roll over maturing bonds into longer term ones? That by definition is a default. It does not mean that ...

What happens after a Greek default

Tranco, You cannot have eurobonds without fiscal union or central fiscal control because the risk associated to the eurobond will be that of the weakest country. However, in a fiscal union, the risk will be canculated on the aggregate risk of the ...

Are euro zone bonds the new subprime?

Don't worry Tranco. Eurobonds are in the future. But first: 1. All member sovereign states approve expansion of EFSF 2. Greece has orderly default 3. Banks are bailed out if necessary and recapitalized. 4. Talks start on how to federalize the EU or ...

Are euro zone bonds the new subprime?