EURUSD - Trends, Forecasts and Implications (Part 2) - page 30

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Alexan:

How do I break a string painlessly?

With a plus sign.

This promises to be an interesting weeknight. There are three hours of healthy baby sleep. imho

 
Alexan:

Folks, can you remind me which character(s) to put in µl to carry long strings? I remember two slashes in SI... or am I wrong...

For example:

Print("Minimal allowed account level in % is reached. Opening of new trades is paused before reaching the level in ", DoubleToStr(CriticalLevel,0), "%", "yyyyyyyy);

How can I break a string painlessly?

\n

It's kind of the same in C++.

serii5533:

looks like the pound is all guessed today. congrats, but where to fall?

I have TP at 4650, moose at 5080
 

Thanks, but neither the plus sign nor the H stick works. The compiler generates an error. Any other options?

 
Necron:
Can I have that part of the code?

Yes, the code has already been shown. The commas should be replaced with pluses, and then you should practice carriage translation.

The Print, Comment and Allert functions have one argument each

 
tara:

Yes, the code has already been shown. The commas should be replaced by pluses, and then you should practice carriage translation.


Sorry, just joined the conversation :) I'll look for it.

 
Necron:
Sorry, just joined the conversation :) I'll look for

Don't look for it. Here it is - Vij:

Print("The minimum allowed account level in % has been reached. Opening of new trades is suspended until the level reaches ", DoubleToStr(CriticalLevel,0), "%", "yada yada yada yada");

  
Comment("Достигнут минимально допустимый уровень счета в % \n",
      "Открытие новых сделок приостанавливается до \n",
      "достижения уровня в "+DoubleToStr(CriticalLevel,0)+"%, лялялялялялляля");
In the comment will be so, in the print all sorts of crazies are flying around, I do not know if it is possible to transfer. Although the option is to run the prints consistently and all :)
 
Mathemat:
Chester, please write it in English. This translation to Russian is quite a bit bad.

special for u bro =)


Why the strength in the euro?

The GBP/ USD is also unchanged, which is perhaps understandable given the strength it's shown recently, but the interest in the euro is a head scratcher. Recent moves in sovereign Credit Default Swaps have pushed the implied risk of Greece defaulting to record levels. The problems in the eurozone are not over, clearly, yet the euro is holding up relatively well.

Why?

I'm not entirely sure. It doesn't make a lot of sense unless it is to do with a Greek default making it more likely that the eurozone would purge its weaker states. Either way, I get the feeling something is in the water.


Rumours of ECB intervention in Euro

There are unconfirmed rumours of the European Central Bank intervening in the euro.

Whether true or not it's certain having an impact. As mentioned in the last blog post, I had a feeling something was amiss with today's forex moves and this might explain things a bit.


if u have a good indicator of correlation, please send me =)

 

Oh, that's much better, thank you, Chester!

In Russian - in a nutshell:

Who the hell knows why there is so much interest in the euro. The recent CDS moves have taken the implied risk of a Greek default to record levels. The euro is clearly not having any problems, but the euro is climbing up nicely.

Why? Well, maybe because of the Greek default: it looks like the Eurozone is about to get rid of the weakest.

And then there's the rumour of a possible ECB intervention.

 

Euro rallies from four-year dollar low on ECB intervention hopes

The euro rose from a four-year low against the dollar on Wednesday to notch its best one-day gain in New York in more than a year as traders bought the currency on speculation European monetary officials might support it.

Reuters
Published: 11:41PM BST May 19 2010

The euro rebounded after hitting a low of $1.2143 in Asian tradingPhoto: BLOOMBERG

Market talk of potential meetings or action by the European Central Bank pushed the euro higher from its lowest level since April 2006. That level - $1.2143 - was hit on electronic trading platform EBS before the New York session after Germany's ban on Tuesday of naked short selling of some securities.

A European Central Bank spokesman, however, declined to comment on market rumours of fresh central bank action.

"We've got this rally in the euro and I think it's the market's understanding and fear that the G7 is concerned about the speed of the euro's decline," said Dean Popplewell, chief currency strategist, at OANDA in Toronto.

"The market is worried or is anticipating some sort of verbal intervention or even a multilateral currency intervention to boost the euro."

The last time a major coordinated effort was made to intervene was in September 2000 when the Federal Reserve, Bank of England, Bank of Japan, and Bank of Canada joined forces with the ECB to support a beleaguered euro. At that time, the euro hit a trough below 85 cents.

In New York, the euro finished up 1.75pc against the dollar at $1.2415.

The euro's move to a four-year low at $1.2143 stopped ahead of key technical support at $1.2135, the 50pc retracement of the entire bull move in the euro from all-time lows near 82 cents to the record highs just above $1.60.

The euro hit session highs after the release of the Federal Reserve's minutes of its latest meeting. The minutes showed the Fed upgraded its outlook on the U.S. economy, boosting risk appetite in the market.

Given the euro zone's debt problems, the euro has become a proxy for risk appetite, rising when there's positive economic news.

The single currency is still down more than 13pc gainst the dollar so far this year, hammered by concerns Europe's debt problems and austerity measures to combat them could hamper eurozone economic recovery.

And here's what the Telegraph is reporting. (http://www.telegraph.co.uk/finance/currency/7743031/Euro-rallies-from-four-year-dollar-low-on-ECB-intervention-hopes.html)

The EUR is getting a bit too bogged down and the EU is throwing up a white flag that says "Help" and rumor has it that there is a bubble going on, and the EUR is correcting accordingly. If you let the freedom go wild, the dollar will surely show its superiority IMHO =)

What do you think about it?

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