Wow this thing is sure tanking hard.
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It made me happy when I woke up
Wish I'd got up a bit earlier slept through all the retrace too.
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Germany is bailing out Greece right now.
Then it's Portugal, Spain, Italy, and so on.Comment
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Fantastic, thank you Greece
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Cool ...
I receive a lot more euros for the same amount of dollars ;)
Hope the euro drops a lot more ... 1 - 1 would be coolComment
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Good and bad.
Holidays more expensive, but Europe will export more.
More jobs here, less jobs in the usa.
I just bought some call options (long), next week i go in the put options (short).Last edited by Tasty1; 05-05-2010, 11:28 AM.
everything is fake
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I just went long on the Euro see if I can catch a 20pip retrace. Then its back to short
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A dollar is worth around 3 more euro cents.
I wouldn't call it 'taking hard'.Comment
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Well, the Wall Street Journal calls the decline "shocking" and "violent"...
http://blogs.wsj.com/marketbeat/2010...g-and-violent/Euro?s Drop ?Very Shocking? and ?Violent?
Yikes. The European common currency is getting thrashed Wednesday, bumping up against the $1.28 level earlier, amid all the uncertainty about the European credit crisis. The euro is down about 0.8% against the dollar at last glance ? a sizable move in the massive currency markets. It?s down 1.2% against the Japanese yen, another safe haven currency.The best ePassporte replacement I have found: OKPAYComment
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The Wallstreet Journal is afraid the dollar drops again
everything is fake
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I would love to see one day 1 dollar for 1 euro.Comment
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I read that analytics in The Netherlands think it is a complot against the euro so the USA can hide their bankruptcy.
Waarom lachen ze graag de eurolanden uit?
“De problemen in Griekenland en Spanje vallen in het niet in vergelijking met de financiële problemen in de Verenigde Staten, Japan en Groot-Brittannië. Wacht maar tot het daar echt mis gaat."
Why do they like to laugh about the euro countries?
"The problems in Greece and Spain are nothing compared to the financial problems in the US, Japan and England. Wait till hell breaks loose there.
In theory the USA can't even pay their bills. The debt is more than 100% of the national income. Almost all countries are facing bankruptcy, except China. Russia also has no big problems, they went bankrupt 3 times the last 100 years.
As said by a dutch analyst, predicting the real problems with countries will start in the USA (again).Last edited by Tasty1; 05-05-2010, 02:40 PM.
everything is fake
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Whatever analyst you are quoting is a fool.
There are huge structural problems in Europe and specifically the EMU. These problems are not caused by the US. The Euro is a fatally flawed currency. Do you have even the slighted clue what is happening right now? There is so much ignorance in your post I don't even know where to start.The best ePassporte replacement I have found: OKPAYComment
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I quote a analyst as you can see.Whatever analyst you are quoting is a fool.
There are huge structural problems in Europe and specifically the EMU. These problems are not caused by the US. The Euro is a fatally flawed currency. Do you have even the slighted clue what is happening right now? There is so much ignorance in your post I don't even know where to start.
It may be big problems, the problems are bigger in the us.
How much feedback can you give over these few lines
Our banks lost billions in America, it is the dutch bankers own fault, but it started in the us.
We 'll see what last longer, the dollar, the new Amero, the euro or our original guilder.
everything is fake
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This is what German Chancellor Angela Merkel said today to German parliament in effort to get them to approve bailing out Greece: "Nothing less than the future of Europe is at stake. The happy tale of German history since World War Two and our emergence as a free, united, and strong country cannot be separated from the European Union. We owe decades of peace and prosperity to the understanding of our neighbours. Europe today is looking to Germany. As the strongest economy in Europe, Germany has a special responsibility and it takes this responsibility to heart. Immediate help is needed to ensure the financial stability of the eurozone. This must be done to avoid a chain-reaction to the European and international financial system, and contagion to other eurozone states. There is no alternative."I quote a analyst as you can see.
It may be big problems, the problems are bigger in the us.
How much feedback can you give over these few lines
Our banks lost billions in America, it is the dutch bankers own fault, but it started in the us.
We 'll see what last longer, the dollar, the new Amero, the euro or our original guilder.
Did she make any mention there of the US being the cause of this problem? No, because the US is not to blame for this mess.
The chart below will give you an idea of the problem.
Last edited by Ethersync; 05-05-2010, 05:28 PM.The best ePassporte replacement I have found: OKPAYComment
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watch it here http://www.xe.com . The situation in Greece is tanking it and there are other big countries to follow from what I am seeing on the news.
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Interesting, but that is nothing new. A lot of countries do it that way.
It is al based on trust. And it started somewhere, this is not a new crisis, but the same.
We spent al our money on banks, so there is much less to spent now. It is a chain reaction.
There is always an alternative, they can set the greece out of the eu.
That might be cheaper than paying for their problems.
They can print more money.
Ofcourse Merkel choose those words. The german don't want to pay if it is not really necessary. And if there is no financial help, the German loose all the money they already lent the Greece.
Best is to have euro/dollars/yens to stay save.
everything is fake
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