FOREX - Trends, Forecasts and Implications (Episode 5: July 2011) - page 168

New comment
 
DragonSL:

2011.07.15 20:04:29 *TheUS Houseof Representatives will vote Tuesday on increasing the debt limit, a budget amendment
 
Didn't he give you an ultimatum to decide by tomorrow night?
 
margaret:
2011.07.15 20:04:29 *TheUS Houseof Representatives will vote Tuesday on increasing the debt limit, a budget amendment

thanks a lot for the news, but if only the forecasts
 
2416sova:
Thank you very much for the news but if only there were forecasts
And the options are few. They're agreeing to an increase in the national debt. For investors it will be something like "We found the spoons, but we still have a bit of a problem". Therefore further conversion of dollars into other currencies is possible. Slowly, unnoticed, but there will be. Like the recent news that China is selling dollars and taking euros. If they don't agree, it's curtains. Obama has options, of course, to keep paying down the debt. But it will be default for everyone else. With all that implies. But of course no one will say "default of the USA" out loud. Just for the time being. Just like with Greece. Not good for the dollar anyway. All imho.
 
s_aullma:
And the options are few. They agree to increase the national debt. For investors it will be something like "We found the spoons, but we still have a bit of a problem". So there could be a further transfer of dollars into other currencies. Slowly, unnoticed, but there will be. Like the recent news that China is selling dollars and taking euros. If they don't agree, it's curtains. Obama has options, of course, to keep paying down the debt. But it will be default for everyone else. With all that implies. But of course no one will say "default of the USA" out loud. Just for the time being. Just like with Greece. Not good for the dollar anyway. All imho.
It's beautiful. Sometimes it feels like it's not news for forks but for news.
 
LeoV:

A US default would bankrupt Russia

There's not enough black earth - the Germans even exported land by echelons from Ukraine during the war - and what in Russia has not been sold for "golden toilets and cars of defeated Germany"?
 
Strange things are happening for me here. The trading session has already closed and the DC is still driving prices up and down.
 
s_aullma:
Strange things are happening for me here. The trading session has already closed and the DC is still driving prices up and down.

Closing of the trading session at 01:00 (Moscow time)
 
I see. Last week's session went quiet at 21.59.59. Simultaneously with the close of the US session.
1...161162163164165166167168169170171172173174175...296
New comment