FX View Analysis for May 2005 and Beyond

Quote from gwac:

Love your updates

Tommorrow`s opening could get ugly for the euro. Sat
collasp of the budget talks may weigh on the euro.

http://www.sbpost.ie/post/pages/p/story.aspx-qqqt=WORLD-qqqs=news-qqqid=5718-qqqx=1.asp

I went home short 700k euro so I maybe talking my book
but we will see.
More...

Maybe not. The result of EU summit could have already been expected by markets. I think euro's crazy rise on last Fri was due to euro shorts' liquidation or short squeeze. Even the euro dips a little at the opening of Mon, it will still rise by the end of the day.
 
these are the headlines across europe this weekend

Luxembourg Prime Minister Jean- Claude Juncker called the damage profound. In the weeks ahead, EU diplomats and others "will tell you that Europe is not in crisis,' he said early Saturday. "It is in a deep crisis.'

We will see where the euro ends Monday
 
i just covered the 700k at 19. I thing the euro will be a train wreck this week. But i am happy with my 75 points.
 
Quote from eternalfuture:

Hello everyone,

Here's the updated weekly analysis for the upcoming week. I hope you'll enjoy the read and find it useful for you.

Cheers!
More...
Thanks eternalfuture - I enjoy reading this - have a good trading week.
 
apparently euro gapped down by over 100 pips on last Monday. You could say that breakdown in the talks of EU budget sabotaged euro's recovery. Although some expected it, but a growing bad mood for euro will make a good news not good enough, and a bad news a worse one. it's all about market sentiment, friends.

anyway, thanks for the kind words, guys.

Cheers!
 
You must log in or register to reply here.
Back
Top