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Only 3 Countries Left Without a Rothschild Central Bank -
Do u think buying eur usd is interesting for three months ? As investement
Will certainly be interesting as inflation in the US starts to rise rapidly, and they have to raise interest rates... While the big banks in Europe are charging fees for holding money.
Weird combination.
Any news EUR USD next 3 months ?
Any news EUR USD next 3 months ?
Euro hits an52wk high today!
Tanking not taking
Yeah many currencies taking. The Yen is strengthening against the dollar right now. Folks must be fleeing into safe havens right now.
Tomorrow is going to be interesting.
If this escalates it may pose a good opportunity to get some cheap Euros, bad thing is no one knows where this can end.
Not looking good, must be due to the crisis in the Ukraine.
What a drop this afternoon!
Keep watching the Euro go down, for what I hear is not gonna get any better anytime soon.
EUR/USD TARGET 1.33XX AFTER 2 WEEKS OR LESS
Death of the Euro?
Euro-Crumble
The feeling in Europe is growing darker by the day.
Even the central bankers have been moving into the Australian and
Canadian dollars as reserves shunning away from the Euro.
Behind the curtain, central bankers are running away from the
Euro after the German elections.
The rising debt in Europe is out of control and now even the
papers are warning there will be state bankruptcies.
We are headed into a serious economic collapse when the ECM turns
2015.75.
The magnitude of the decline will be far worse than the last turn
on this model.
http://deutsche-wirtschafts-nachrichten.de/2013/10/02/die-grosse-schulden-luege-europa-mit-voller-kraft-auf-pleite-kurs/
Euro as a reserve currency loses ground
German Economic News | Posted: 2:10:13, 01:37 | Updated: 2:10:13, 01:38 | 30 comments
Central banks turned increasingly to the Australian and
Canadian dollars as a reserve currency.
The euro, they are skeptical about - because they see
Europe as the biggest crisis risk.
The euro is not particularly popular with central banks. Australia and Canada are as safe havens, however. (Photo: Reuters)
http://deutsche-wirtschafts-nachrichten.de/2013/10/02/euro-verliert-als-reserve-waehrung-an-boden/
Australian and Canadian dollars are growing in popularity among
the world's central banks.
The countries are considered as a haven of stability, while the
euro-zone central banks appears to be crisis-vulnerable.
Sasha Nugent, currency analyst at Caxton FX, says the website
centralbanking.com:
"When the currencies of the Australian and Canadian dollars
offer the chance for greater profits without the risk of
investing in an unstable region."
In the second quarter of 2013, the shares of these currencies
have risen in the portfolios of central banks.
The banks have bought about 14 billion U.S. dollars Canadian
dollars and 2.5 billion U.S. dollars by the Australian
currency.
Interesting: Was it before, especially the emerging economies who bought the currencies of Canada and Australia, have bought especially the central banks of the western industrial nations in the second quarter.
This suggests that these central banks expect further turbulence in the dollar and the euro area.
However, the two currencies make up only a small proportion. 62 percent of foreign exchange reserves - 62 percent of total reserves are in U.S. dollars. That's $ 3.8 trillion. In the euro banks hold $ 1.4 trillion. The euro lost ground in the second quarter, though, has not once made up half of the losses suffered by the Community currency in the first quarter.
The U.S. dollar rather the principle is hope with the central banks. For the second quarter of the reserves of the dollar fell by 7 billion. Now the central banks hope for the end of the flood of money from the beginning of next year. Already for the third quarter of 2013 it will have been another increase that Scotiabank has found.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=92708024
God Bless
Only when the Bernanke quits printing the money. There's way too much fraud and corruption in everything now a days. When one man can mumble a few words and move the markets anyway he chooses, then that's enough for me. I'm not trading this mess and i doubt the markets will ever return to what they once were.
JMO.
cap.
Do you guys think the Dollar is coming back soon? Thanks
Usually 2nd half of Asian Market gold makes it move!
The Tokyo session may tell in a few minutes..
Tomorrow will tell!
yes, he fueled it but it was such a huge move because of the time it occurred in my opinion.
Nope this is Bernanke related.
I see that, It's so hard trying to keep up with the manipulation.
low volume, summer move.
Thanks! The dollar has fallen so fast against the Euro and Yen. Amazing.
I'll take a look. Good luck to ya, I'm do for a long break.
Look at the dollar collapsing right now. Wow
I'm all out and taking a break.
Short the Dollar!
GREAT day, didn't have to eat my shorts...LOL Went long gbp/jpy just before jobs report. Nice, grabbed my gbp/usd shorts, and euro shorts, long gbp now, looks like a buy here.
Good day today.
No worries now, I'm up on the EUR and Pound :) My timing still needs a little fine tuning though.
Staying long that USD.
Hope you picked up 100+ on that move!
1.3060s should be it right? I bopped 1.3020. It's not killing me yet, almost back to even on the pound. :) Pound takes a big hit later this week, that's my story and I'm sticking to it.
My timing sucks lol! I'm just down a little on both, but should have waited a little longer eh?
Just got in from a busy morning. Time to scalp! So i make back some on the swings. I'm holding them for a while.
cap.
Like Bart Simpson says: "Eat my shorts" You haven't has to swollow yours yet, have you...LOL
I'm now short the Pound too, to go along with the Euro. Hope this is the week.
http://www.telegraph.co.uk/finance/mark-carney/10151572/Governor-Carney-urged-by-former-Chancellor-to-ditch-QE.html
I'm all losses on the Aussie. I bought the night they held the RBA meeting. I bet they wouldn't lower the rate, and put in for a small profit. I woke up to a loss, and been buying all the way down, waiting for a bounce! Did you ever watch the Australian V8 Supercars? One of the announcers was commenting on a driver having problems and losing a lot of positions on the racetrack. He said he was falling faster than the Australian Dollar...LOL!!
Ok, just wondering. I'm thinking of shorting another EUR/USD contract tonight. Gotcha on the Aussie. I scalp that one at night only after work. 3 wins and 1 loss on that one last week.
Yep, short everything............. 'cept the Aussie
I see what knocked the Euro down from 1.31 Friday.
Big deal for Cypriot banks,increases broader systemic risk. RT @DailyFXTeam: ECB: suspends Cyprus Government Bonds as Euro-system Collateral
28 Jun 04:09:43 PM
Thanks you too!
For sure, I'm in and going to try and hang on. Have a good weekend.
What a crazy day! Silver up 6% gold up 2+%
Plat 1%+
Rupee on fire
Euro weak
Yen weak
Dollar strong!
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