[Archive!] FOREX - Trends, Forecasts and Consequences (Episode 10: December 2011) - page 277
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But he doesn't want to go down
That's right. We had a good run last week.
that's right. last week was a good one
and I don't think there's much room to fall yet... too much oversold, we need a correction, not a correction-flat... as long as the support trend line holds, we should buy...
96% bearish on the eurodollar, we need to dump some of it...
The head of the European Central Bank Mario Draghi, speaking in the European Parliament, ruled out the possibility of the collapse of the eurozone. The day before in an interview with the British newspaper Financial Times he spoke of the price of the euro collapse, which experts saw as a change in the ECB's position. After all, Draghi's predecessor Jean-Claude Trichet called the very idea of the end of the euro absurd.
But the authority does not appear to be changing course.
"I have no doubts about the strength of the euro, its permanence and irreversibility! Let us not forget that this was the key word when the Maastricht agreement was signed. The single currency is irreversible," Draghi said.
At the same time he admitted that the euro currency is going through a difficult time, but according to the ECB head, the EU summit decisions to create a fiscal union and expansion of the European Stabilization Fund are extremely useful in combating the debt crisis. Draghi also made it clear that the ECB will not unlimitedly buy the debts of zone countries, as markets and many politicians demand, as its area of activity is to help banks.
margaret, eu does not let it adjust, above 23.6 to keep it in the corridor ???
...millions of people travel to the old (new world) for Christmas...etc...why muddy the mind...?
margaret, the eu is not allowed to correct, above 23.6 to keep in the corridor ???
margaret, the eu is not allowed to correct, above 23.6 to keep in the corridor ???
It's the third Friday in December.
Closing of all closures.
In all likelihood, everything has come to where it should be and will be fluttering in the shallows, settling down
Closure of all closures.
In all likelihood, everything has come to where it needs to be and will flutter around in the shallow tf, settling down