-
Spain's Bailout Not A Game Changer; Stay Short Or Sell EUR/USD Rallies - Barclays
The case for EUR bearishness is still strong enough for FX strategists at Barclays Capital who recommend for their clients to either stay short EUR/USD or to use rallies as an opportunity to sell the pair. Even as they acknowledge that the €100 billion bailout for the Spanish banks is a "net positive for Spain" as it alleviates pressure on the country, they don't see it as a game changer given that the underling problem facing the euro-zone periphery is still unsolved. "The risk of currency redenomination remains and imposes a large constraint on forging and domestic investment, and therefor on growth ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 11, 2012 5:19pm Jun 11, 2012 5:19pm
- osceiv2
- | Joined Oct 2008 | Status: Member | 103 Comments
- Comment #2
- Quote
- Jun 11, 2012 5:32pm Jun 11, 2012 5:32pm
- nyfx718
- | Joined Oct 2011 | Status: Member | 14 Comments
- Comment #3
- Quote
- Jun 11, 2012 5:34pm Jun 11, 2012 5:34pm
- newbeindo
- | Joined Jun 2012 | Status: Junior Member | 2 Comments
- Comment #4
- Quote
- Jun 11, 2012 5:47pm Jun 11, 2012 5:47pm
- Gaaikema
- | Joined Aug 2011 | Status: Member | 372 Comments
- Comment #5
- Quote
- Jun 11, 2012 5:56pm Jun 11, 2012 5:56pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #6
- Quote
- Jun 11, 2012 5:57pm Jun 11, 2012 5:57pm
- Lion777
- | Joined Oct 2011 | Status: Member | 101 Comments
- Comment #7
- Quote
- Jun 11, 2012 6:00pm Jun 11, 2012 6:00pm
- Lion777
- | Joined Oct 2011 | Status: Member | 101 Comments
- Comment #8
- Quote
- Jun 11, 2012 6:10pm Jun 11, 2012 6:10pm
- torkay77
- | Joined Jul 2010 | Status: Member | 192 Comments
- Comment #9
- Quote
- Jun 11, 2012 6:16pm Jun 11, 2012 6:16pm
- Gaaikema
- | Joined Aug 2011 | Status: Member | 372 Comments
- Comment #10
- Quote
- Jun 11, 2012 6:19pm Jun 11, 2012 6:19pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #11
- Quote
- Jun 11, 2012 6:21pm Jun 11, 2012 6:21pm
- Guest
- | IP XX.XXX.194.119
- Comment #12
- Quote
- Jun 11, 2012 6:24pm Jun 11, 2012 6:24pm
- mima
- | Membership Revoked | Joined May 2008 | 966 Comments
The Market pays you to be disciplined
- Comment #13
- Quote
- Jun 11, 2012 7:57pm Jun 11, 2012 7:57pm
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #14
- Quote
- Jun 11, 2012 7:59pm Jun 11, 2012 7:59pm
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #15
- Quote
- Jun 11, 2012 9:19pm Jun 11, 2012 9:19pm
- Manipulator
- | Additional Username | Joined Mar 2012 | 282 Comments
- Comment #16
- Quote
- Jun 11, 2012 9:22pm Jun 11, 2012 9:22pm
- Manipulator
- | Additional Username | Joined Mar 2012 | 282 Comments
- Comment #17
- Quote
- Jun 11, 2012 9:29pm Jun 11, 2012 9:29pm
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #18
- Quote
- Jun 12, 2012 12:04am Jun 12, 2012 12:04am
- cppolybd
- | Joined May 2012 | Status: Member | 800 Comments
- Comment #19
- Quote
- Jun 12, 2012 12:18am Jun 12, 2012 12:18am
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #20
- Quote
- Jun 12, 2012 12:21am Jun 12, 2012 12:21am
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #21
- Quote
- Jun 12, 2012 12:54am Jun 12, 2012 12:54am
- Unyverzal
- | Joined Feb 2012 | Status: Member | 27 Comments
- Comment #22
- Quote
- Jun 12, 2012 4:46am Jun 12, 2012 4:46am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #23
- Quote
- Jun 12, 2012 6:11am Jun 12, 2012 6:11am
- piptastic
- | Joined Jun 2010 | Status: FXTRDR | 305 Comments
Anything can happen in FOREX. There's no 100% sure
- Comment #24
- Quote
- Jun 12, 2012 6:22am Jun 12, 2012 6:22am
- samir45
- | Joined Aug 2009 | Status: Member | 71 Comments
- Comment #25
- Quote
- Jun 12, 2012 6:38am Jun 12, 2012 6:38am
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #26
- Quote
- Jun 12, 2012 7:46am Jun 12, 2012 7:46am
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #27
- Quote
- Jun 12, 2012 10:11am Jun 12, 2012 10:11am
- Manipulator
- | Additional Username | Joined Mar 2012 | 282 Comments
- Comment #28
- Quote
- Jun 12, 2012 10:12am Jun 12, 2012 10:12am
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #29
- Quote
- Jun 12, 2012 11:32am Jun 12, 2012 11:32am
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #30
- Quote
- Jun 12, 2012 4:03pm Jun 12, 2012 4:03pm
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments
- Comment #31
- Quote
- Jun 12, 2012 5:18pm Jun 12, 2012 5:18pm
- Jayakatwang
- | Commercial Member | Joined May 2012 | 92 Comments