Eurusd/gbpusd - page 1959
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In a sideways market EURUSD has reached a point where it is testing the long term bearish channel resistance. Later today we shall know more, but the odds that it will be broken are real
Does anybody still believe that Euro will be par with USD?
Does anybody still believe that Euro will be par with USD?
They want us to believe that - market makers are already long
Market is waiting for FOMC statement, Eur/Usd sideline trading around 1.1260 level.
EUR/USD tested the support at 1.1220 again but bounced off of it. I doubt it will be able to break below that level before the FOMC announcement.
Greece Hellenic Parliament’s Debt Truth Committee declared a debt to Troika "illegal, illegitimate, and odious"
The Greece unsolved case weaken the Euro and the EUR/USD testing the 1.1200 level constantly this week,I'm just waiting for the FOMC announcement.
FOMC did not tell anything - again. That was the only thing they would do. And they are going to do that till next year. There will be no rate hike this year by the FED.
Greece is already priced in : that is why the whole circus - to gain some time. They (the Troika) could no care less about the Greece. They know that Greece CAN NOT repay their loans. In that case all they were looking for is someone to blame. And they are going to blame all their faults on Greece now.
Nothing new and nothing that was not known for a long time
Since Yellen attempted to blame Greenspan and Bernanke - some insights of what kind of an "expert" she is : The Federal Reserve: The Greatest Scam in History — The Yellen Effect | The Millennium Report
Today it is a a break thought 1.14