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Euro/Dollar Options Down After Greek Agreement
Euro/dollar and euro/yen options fell in Asia on Friday as hedge demand diminished following Thursday's agreement by the main Greek political parties on austerity measures required to obtain a fresh bailout from international lenders. "We have regained stability on the news. Volatilities may fall further unless fresh bad news come out of Europe," said a senior options dealer at a Japanese bank. At 0200 GMT, the one-month at-the-money euro/dollar options volatilities were at 10.35%/10.70%, down from 10.80%/11.05% late Thursday in New York. Overseas hedge funds have been buying the dollar ... (full story)
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jetkim
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cichy
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Sanguis
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Sanguis
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aid tranche unless austerity measures were agreed in the Greek
parliament (Sunday vote) turns attention to progress into next week and
the Eurogroup meeting on Wednesday Feb15.
Sanguis
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http://blogs.voanews.com/breaking-ne...greek-bailout/
Zagifx
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https://mninews.deutsche-boerse.com/...idpsi-approval
Bakker
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Only the second week after ma crossover.
cichy
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wawasalsa
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wawasalsa
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jonahky7
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I still think euro will try to keep above 1.32, whether its a last attempt as support (4th bottom this week) today I think there is still a down trend. But as usual BB can send Euro high above the 1.33 again - but this can be counteract by the German bank who is pegging 1.33. So it's a war between the FED and Germans.
Bear in mind what what happened after the Greeks got their first bail out?? Becareful if you are new traders. Don't follow blindly
jonahky7
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Sanguis
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"The contagion trade is coming off. It's a euro positive situation"
- Aspen Trading Group (based on CNBC)
EUR/USD is now well-positioned for further gains and may advance up to 1.3625/30. The following target will be located at 1.3840/1.3900. Dips should be limited by supports at 1.3135 and 1.3048.
Sanguis
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* Euro-dollar; $1.3160, $1.3200, $1.3225, $1.3250, $1.3300
Sanguis
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jonahky7
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Offers up at 1.3290/00 and there are expiries at 1.3300 (the magic number again)
US is definitely trying to kill off euro! Let's see how Europe will counteract FED!!!!
jonahky7
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Sanguis
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jonahky7
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opened long at 1.324, closed at 1.3282. Open a short at 1.3282 and see how it goes. Will open a long soon
Just be careful, don't follow blindly
jonahky7
4,531 posts
Germany’s Merkel: Allowing Greece to default would have “uncontrollable consequences”
Written by Joe Brown
February 10, 2012 at 10:03 GMT
She told fellow German MPs
Bundestag is to vote on the 2nd Greek aid package on Feb 27
wawasalsa
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