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Old 11-23-2010, 08:55 AM   #1
cardinalvices
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I would like to thank Greece and Ireland for saving USD

Dear politicians in Greece and Ireland, thank you for saving the US Dollar today. Thanks to you, IMF and EUCB will invest billions of EUR into your economy, thus making the EUR weaker. EUR already dropped 300 pips on Forex and is continue to drop as the news coming in. Keep up the good work!
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Old 11-23-2010, 08:58 AM   #2
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Old 11-23-2010, 09:01 AM   #3
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next up is spain i hear
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Old 11-23-2010, 09:03 AM   #4
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or portugal
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Old 11-23-2010, 09:04 AM   #5
cardinalvices
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Everyone relax. Estonia is entering EUR zone on 1st Jan 2011. We'll save you all
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Old 11-23-2010, 09:05 AM   #6
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Spain and Portugal should make you even happier.
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Old 11-23-2010, 09:05 AM   #7
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Only temporarily so ... the USD <> EURO is still $1.35 for 1 EURO
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Old 11-23-2010, 09:05 AM   #8
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Yep dollar is up again some but not as high as I would like.
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Old 11-23-2010, 09:05 AM   #9
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yup, great news
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Old 11-23-2010, 09:09 AM   #10
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lol, I was thinking the same; can't wait for Spain and Portugal to flop too
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Old 11-23-2010, 09:13 AM   #11
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I hope Spain,Portugal and who ever fallows them,so $ becomes even stronger
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Old 11-23-2010, 09:14 AM   #12
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I want the Euro to stay as is against the Swedish and the $ to rise
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Old 11-23-2010, 09:51 AM   #13
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sucks though, with all these countries falling, it brings down the strong ones like germany
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Old 11-23-2010, 10:33 AM   #14
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sucks though, with all these countries falling, it brings down the strong ones like germany
who else has a strong economy like Germany ... also Germany owns alot of Eurozone Debt now how long do you think they will be able to hold on to that ?
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Old 11-23-2010, 10:43 AM   #15
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I lost £6 on my paypal balance, USD must of slightly dipped
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Old 11-23-2010, 10:45 AM   #16
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Seems in this case dollar went up,not euro down.Nice but it wont take long so no big deal.
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Old 11-23-2010, 10:46 AM   #17
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Originally Posted by cardinalvices View Post
Dear politicians in Greece and Ireland, thank you for saving the US Dollar today. Thanks to you, IMF and EUCB will invest billions of EUR into your economy, thus making the EUR weaker. EUR already dropped 300 pips on Forex and is continue to drop as the news coming in. Keep up the good work!
You DO realize that within a week, everything will be back to normal because Bernanke has done a good job of destroying the dollar?
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Old 11-23-2010, 10:50 AM   #18
cardinalvices
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I want the Euro to stay as is against the Swedish and the $ to rise
I assure you its what will happen Sweden is going to provide Ireland assistance by sending them some fine swedish krones!
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Old 11-23-2010, 10:52 AM   #19
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12k to 30k euros.. lol

not sure this is going to go the way they want, especially after iceland etc
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Old 11-23-2010, 10:54 AM   #20
cardinalvices
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You DO realize that within a week, everything will be back to normal because Bernanke has done a good job of destroying the dollar?
No, I think USD already reacted to the freshly printed Washingtons. Besides, upon hearing the news market barely reacted. $600 bil is just enough to keep things running. So my guess that right now we are going to see EURUSD somewhere in between 1.30-1.33, followed by a slight slideback.

Also, don't forget that N.Korean comrads opened fire today. This means escalations in the Far East. And S.Korea's big war partner is who? Right, USA.
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Old 11-24-2010, 08:39 AM   #22
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nice thread, it's nice to wonder who's gonna fall next. Will China win in the end? hehe
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