Dirty Spekulants! 
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No graph? Quote? In fact any substance or conscious thought?Originally posted by AtW View PostDirty Spekulants!
Dullard.
HTH
Knock first as I might be balancing my chakras. -
Try this
USD Dollar (USD) – The Dollar strengthened against most majors as stocks and commodities fell on concern that European governments won’t cut deficits fast enough to halt the debt crisis. Unemployment Claims came out at 444K vs. 440K forecast. NASDAQ and Dow Jones weakened by 1.26% and 1.05% respectively. Crude oil fell by 1.7% closing at 74.4$ a barrel. Gold (XAU) weakened by 1.1% closing at 1229$ an ounce. Today, Retail Sales are expected at 0.3% vs. 1.9% and Michigan Consumer Sentiment Index is expected to rise from 72.2 to 73.5.
EURO (EUR) – The Euro reached the lowest level in 14-month against the Dollar despite the ft that the European leaders yesterday unveiled an almost $1 trillion bailout plan for indebted nations on concern deficit-cutting measures will undermine growth. The EUR/USD has been trading downwards since April and has broken its support levels each time, therefore the momentum is clearly bearish. Overall, EUR/USD traded with a low of 1.2518 and with a high of 1.2685. No economic data expected today.
EUR/USD – Last: 1.2530
Resistance 1.26 1.2740 1.2950
Support 1.2520Knock first as I might be balancing my chakras.Comment
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Also I believe that short positions on the euro are at an all time high. But hey that's financial terrorism for you
Knock first as I might be balancing my chakras.Comment
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Exchange rates will always go up and down.
However, the Euro has particular problems because it is shared among several disparate governments and economies, who all have different strengths, weaknesses and needs. In some cases, just weaknesses and needs.
I'm just glad we aren't in it.Comment
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EURUSD is only at the average for the last 15 years.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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So far this morning it's GBP that is getting a beating.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%
"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Yikes, £/$ below 1.45.Originally posted by MaryPoppinsOriginally posted by vetranComment
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The pound isn't supposed to get hammered this year,it's supposed to be the Euro, but once governments get through their spending cuts then it would calm down. However if the UK government gets it's spending cuts in the this year then the sterling might get hammered this year with the Euro, and then both will recover when the US realises it can't keep up a 12% of GDP deficit (err higher then Greece) when a couple of states declare bankruptcy. The interesting question will probably be, will the Fed bail out a state.I'm alright JackComment
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WHS. The GBP is sinking and I suspect another bank bailout might be on the horizon.Originally posted by HairyArsedBloke View Post
Well done Gordon, your legacy will last a few decades.Vote Corbyn ! Save this country !Comment
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