Navigation

Prev Story | Next Story

  • Add To USD Shorts On Current Impasse In Fiscal Cliff Talks - BNP Paribas

    From efxnews.com

    Read Full Story at efxnews.com

    Investors should leverage the latest spike in USD on the impasse in the fiscal cliff negotiations to establish fresh USD short positions or to add to their current shorts at better levels, says BNP Paribas. "While there is nervousness from the apparent set-back in the fiscal-cliff talks, an agreement remains likely by the end of the year or soon enough in the New Year that the impact on economic activity is likely to be limited," BNPP clarifies. "This in our view limits scope for the market to sell-off. We therefore view that a rebound in the USD over the holiday period provides an ... (full story)

    • Mingary

      697 posts
    • More confirmation that the euro os about to tank.

    • Mingary

      697 posts
    • No, time to look to short eur / usd

    • biodunola07

      95 posts
    • In case the compromise is reached by the two parties involved, don't you think that EUR/USD will resume up trend ? Just A QUESTION TO THE HOUSE.

    • jaygee

      1,990 posts
    • a lot of the up move already is due to the anticipation of a fiscal cliff deal. I wouldn't expect a big up move unless shorts have loaded heavy in the last few sessions and are forced to cover. Not much above the recent high but not much of a down move either.
      Quoting biodunola07
      In case the compromise is reached by the two parties involved, don't you think that EUR/USD will resume up trend ? Just A QUESTION TO THE HOUSE.

    • sidhujag

        3,743 posts
    • these guys look to be perfect
      contrarian they must be long usdx

      but i bet usdx will fall a bit to give them a margin call before it rises lol hope it does.

      Wondee what they will say when they lose money but it goes their way after.. I told you so!!

    • mrforex8
      mrforex8's Avatar

      144 posts
    • Euro Go Down Test 1.2640 Because Cliff Breaked AND ECB Rate Down IN January 2013

Top of Page

  • Story Stats