Comments on: Bailout or not? http://fxmadness.com/2010/02/09/general/bailout-or-not/ This blog goes where few traders dare - the exciting world of Forex outside the dollar! Sun, 22 Apr 2012 16:22:11 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: News are good, but Euro drops. | fxmadness.com http://fxmadness.com/2010/02/09/general/bailout-or-not/comment-page-1/#comment-5223 News are good, but Euro drops. | fxmadness.com Thu, 11 Feb 2010 16:51:32 +0000 http://fxmadness.com/2010/02/09/general/bailout-or-not/#comment-5223 [...] balance willingness of EU to support Greece  sounds like a good action that is positive for the Euro. Unfortunately markets had other ideas and [...] [...] balance willingness of EU to support Greece  sounds like a good action that is positive for the Euro. Unfortunately markets had other ideas and [...]

]]> By: Rafael http://fxmadness.com/2010/02/09/general/bailout-or-not/comment-page-1/#comment-5216 Rafael Thu, 11 Feb 2010 03:38:11 +0000 http://fxmadness.com/2010/02/09/general/bailout-or-not/#comment-5216 In regard to the /USD, it's definitely oversold and maybe there are not "many people left" to push it lower (if problems remain static). However, I'm pretty sure there will be plenty of people to jump on the short bandwagon depending on the resolution from the Euro conference happening right now. Technicals will move the pair for now but the news on the Greek debt resolution (which likely applies to other PIIGS countries) will be the defining catalyst. In regard to the /USD, it’s definitely oversold and maybe there are not “many people left” to push it lower (if problems remain static).

However, I’m pretty sure there will be plenty of people to jump on the short bandwagon depending on the resolution from the Euro conference happening right now.

Technicals will move the pair for now but the news on the Greek debt resolution (which likely applies to other PIIGS countries) will be the defining catalyst.

]]> By: Rates to rise? | fxmadness.com http://fxmadness.com/2010/02/09/general/bailout-or-not/comment-page-1/#comment-5212 Rates to rise? | fxmadness.com Wed, 10 Feb 2010 18:06:55 +0000 http://fxmadness.com/2010/02/09/general/bailout-or-not/#comment-5212 [...] Everybody is talking about Greece again, theme that will likely stay with us for the rest of the week at least. There are even some mentions about that country opting out of Euro. While it seems hard to believe, it is not without a precedent. [...] [...] Everybody is talking about Greece again, theme that will likely stay with us for the rest of the week at least. There are even some mentions about that country opting out of Euro. While it seems hard to believe, it is not without a precedent. [...]

]]> By: admin http://fxmadness.com/2010/02/09/general/bailout-or-not/comment-page-1/#comment-5209 admin Wed, 10 Feb 2010 07:43:34 +0000 http://fxmadness.com/2010/02/09/general/bailout-or-not/#comment-5209 If it gets there again, it will most likely be a buy. Might not happen today, though. We'll see what happens once London opens. If it gets there again, it will most likely be a buy. Might not happen today, though. We’ll see what happens once London opens.

]]> By: Michelle http://fxmadness.com/2010/02/09/general/bailout-or-not/comment-page-1/#comment-5208 Michelle Wed, 10 Feb 2010 07:34:36 +0000 http://fxmadness.com/2010/02/09/general/bailout-or-not/#comment-5208 Mike, now that gbp/cad made a high at 1.6800, do you still plan to buy just above it? Mike, now that gbp/cad made a high at 1.6800, do you still plan to buy just above it?

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