[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 7: September 2011) - page 23
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This is a warm-up of them(s)-(in pure form - on the foundation) - on the demo... + TA - there already REAL... :-)))
AndreyZak ; s aullma
I agree with you, but since 17 August this year, the issue of pegging to the euro has already been discussed and not decided to do so. After that, it was immediately followed by information that it is POSSIBLE to introduce a deposit tax for foreigners (beautiful contradiction....)))... )))) etc. etc. One could go on for a long and tedious time....)))) The market reacts, sometimes, and only sometimes, but in the long term.....)))) Binding to the eurik at 1.20, I don't know, in my opinion another "duck" ....))))
A quick correction for a tick and then back down again?
A quick correction for a tick and then back down again?
* Merkel says Greece could pull out of eurozone and cause domino effect
Here we go again at 1.4050...
my opinion - if we don't fall below 1.4030 (the low). assuming 1.4000 - then the road to the north is already open at any rate....
* Merkel says Greece could leave the eurozone and cause a domino effect
Like first greece then portugal then who's next...
Joseph Ackerman, head of Deutsche Bank, believes that the current situation in the financial markets resembles a halt to the end of 2008. In his view, politicians need to do all they can to avoid a repeat of the global economic crisis.
In Ackerman's opinion investors are not only evaluating the resolve of European authorities to solve the debt crisis, but they are also questioning whether they have enough time and money to do so.
The market will remain in a state of high anxiety until its participants are confident that the European agreements can be quickly and fully implemented in practice.
Furthermore, the economist draws attention to the poor state of European banks. Since the end of July the capitalization of the European stock market has decreased by almost €5 trillion, with banks being the leaders of the decline.
Ackerman warns that many eurozone credit institutions will go bankrupt if Greek sovereign debt held in their assets is overvalued at market levels. Since the start of the financial crisis, some banks in the region have lost more than a third of their market capitalisation, stresses the specialist.
Ackerman believes that European banks should start preparing for the worst, but rejected IMF chief Christine Lagarde's call to recapitalise banks, as this would only increase investor mistrust, showing that the eurozone leadership themselves do not believe that measures to contain the crisis will prove effective. A break-up of the monetary union would not lead to the desired results either, the Deutsche Bank chief executive is convinced, as the cost of supporting weak eurozone member states would be lower than the costs incurred by the region's countries by abandoning the single currency.
It is likely that many European financial institutions, including Deutsche Bank, will have to continue taking cost-cutting steps in the coming months, Ackerman said.my opinion - if we don't fall below 1.4030 (the low). assuming 1.4000 - then the road to the north is already open at any rate....
.... Boat to dive!:-) Meet 1.39...
.... Boat to dive!:-) We're meeting 1.3900
the depot is still holding...