I notice Eur/Aud is hovering around the 200-day MA, in fact quite a few pairs are. [/B][/QUOTE]
Have you got the 200 ma around 1.8600 for EUR/AUD?
Have you got the 200 ma around 1.8600 for EUR/AUD?
Ivan's Trade Thread, part II
- Thread starter Ivanovich
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The black line I have as the 200-day, around 1.9150
ECB and Trichet in a while :eek:
ECB and Trichet.
The last couple days have been some of the strangest I have seen. Yesterday, on CNBC, 2 of the newsmodels were discussing some stocks that were doing well, laughing back and forth, while on the left side of the screen, there was a live feed from London, with bloodied demonstrators, clubs swinging, general mayhem.
Bizarre.
The last couple days have been some of the strangest I have seen. Yesterday, on CNBC, 2 of the newsmodels were discussing some stocks that were doing well, laughing back and forth, while on the left side of the screen, there was a live feed from London, with bloodied demonstrators, clubs swinging, general mayhem.
Bizarre.
lol, yep it's crazy here! I live across the river from the City and all I can see in the distance is a sea of blue flashing lights and helipcopters hovering overhead.
I watch Bloomberg and it's the same thing, commentators saying the dollar is gaining against the Euro while behind them is a gigantic Eur/Usd chart with a vertical line up!
Hank Paulsen made me laugh, he was answering questions at a news conference once and saying very convincingly how the US supported a 'strong dollar policy'.....in the corner of the screen was the Eur/Usd rate, I think Eur was at about 1.60 at the time
lol, Trichet....."(interest) rates could go lower".....Eur/Usd dropped 40 pips in 4 seconds
Anyone who truly believes the ECB is NOT behind the curve needs their head examined. I understand that they're hoping the US does all the heavy lifting, but sheesh.
The US QE and bailouts are the only reason the EZ has not completely imploded at this point.
Does anyone honestly think a higher Euro is the answer for, say, Germany at this point?
The US QE and bailouts are the only reason the EZ has not completely imploded at this point.
Does anyone honestly think a higher Euro is the answer for, say, Germany at this point?
lol, that would be Trichet then, he thinks everything is fine and dandy and that recovery is on the cards for 2010!
Well that's alright then, we can all relax Trichet has it covered, phew
He claims the ECB, despite criticism, were the first to promptly provide unlimited supply of liquidity way back in 2007, I don't know, is that actually true?
Quote from cabletrader:
lol, that would be Trichet then, he thinks everything is fine and dandy and that recovery is on the cards for 2010!
Well that's alright then, we can all relax Trichet has it covered, phew
He claims the ECB, despite criticism, were the first to promptly provide unlimited supply of liquidity way back in 2007, I don't know, is that actually true?
I don't know, honestly. I'm sure in his world, everything works great.
Personally, I have no EUR/USD positions - I recognized that "silly" is in season and stayed out of it. I'm playing Yen crosses right now and shorting gold.
I'd love to see the EUR/USD go back up to the 1.50 area right now. That would give the ECB folks all the inflation protection they need! Of course, that would probably be the end of employment for them as well. But, hey, that'll help that pesky wage inflation issue Weber is always on about!
This has got to be the quote of the G20 from Bob Geldof, about the protesters he said:
"âItâs quite right that there are thousands of people protesting about bankers sticking their noses in the trough while regulators looked the other way and governments smiled as the tax take grew.
âBut the truth is that they may as well protest against themselves, because we sucked on the tit of free money and the bloated bubble that burst was us.â
"âItâs quite right that there are thousands of people protesting about bankers sticking their noses in the trough while regulators looked the other way and governments smiled as the tax take grew.
âBut the truth is that they may as well protest against themselves, because we sucked on the tit of free money and the bloated bubble that burst was us.â
This today from Marc Chandler - Brown Brothers Harriman....(sorry if the sound is a bit loud!)
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