Final thoughts on "Spending Review"

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CheeseSlice replied

20 October 2010, 21:42
Originally posted by Peoplesoft bloke View Post

France, Greece, Spain

Actually thinking about it, every time one of the BBC news correspondents reported from downing street or westminster today you could hear loud shouting or megaphones in the background.
I doubt we'll see quite the response they saw in the other countries.
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Peoplesoft bloke replied

20 October 2010, 21:13
Originally posted by CheeseSlice View Post

And where are the angry mobs?

France, Greece, Spain

Last edited by Peoplesoft bloke; 20 October 2010, 21:13. Reason: syntax
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CheeseSlice replied

20 October 2010, 21:03
I was expecting more doom today, and feel slightly disappointed.
(I know that sounds wrong but there was a big build-up in the media)

And where are the angry mobs?
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d000hg replied

20 October 2010, 19:47
Originally posted by AtW View Post

Final thoughts on "Spending Review"

You promise?
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Jog On replied

20 October 2010, 19:41
This 4h chart shows quite a ferocious uptrend - however is that some divergence on the MACD there?..
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Jog On replied

20 October 2010, 19:22
Originally posted by HairyArsedBloke View Post

Take your start period back to 7/8am and you'll see something different.

As for GBP/USD and EUR/USD; there has been a lot of USD weakness today.

The rice paper is in tatters young padawan.

I see about a 70 pip move up to yesterdays high which it's been nipping at most of this month. Although I see a strong trend upwards in favour of the EUR. I believe that this is because EURUSD bulls are having quite a party.

I was foolish enough to short the EUR today (against CAD) and paid dearly in virtual 'demo' money...

One day I hope to become the master.....

Last edited by Jog On; 20 October 2010, 19:25.
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HairyArsedBloke replied

20 October 2010, 19:05
Take your start period back to 7/8am and you'll see something different.

As for GBP/USD and EUR/USD; there has been a lot of USD weakness today.

The rice paper is in tatters young padawan.
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DimPrawn replied

20 October 2010, 19:01
£80bn saved over 4 years.

At the same time £200bn printed in 5 minutes.

All makes perfect sense to me.
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HairyArsedBloke replied

20 October 2010, 18:58
Originally posted by Jog On View Post

Eh?

The squirrel lord is right. GBP is weaker against the EUR today.
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Jog On replied

20 October 2010, 18:50
Originally posted by AtW View Post

Very indecisive - GBP is dropping vs EUR, Cons have just blown up their chance to be decisive, I blame Lib Dems who must have watered it all down to their own level

Eh?

This is EUR/GBP (5 minute chart) for today since about 10 am this morning up until now (just before 8 PM)

That's not going decisively in either direction. FWIW GBP/USD is doing much the same (flip all!)

Last edited by Jog On; 20 October 2010, 18:57.
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AtW started a topic Final thoughts on "Spending Review"

20 October 2010, 18:37
Final thoughts on "Spending Review"

Very indecisive - GBP is dropping vs EUR, Cons have just blown up their chance to be decisive, I blame Lib Dems who must have watered it all down to their own level
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