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  • EUR to lose Faith?

    From oanda.com

    Buy the rumor sell the fact, there was none of that. There was no euphoria when the austerity deal was finally struck on the Greek side. Global equities did happen to receive a small bid, fixed income yield remained rather flat, but that was it, no ticker tape parade. One certainly gets the feeling that no one believes in it, and that is the reason why the European finance ministers have dismissed the +EUR3.3b Greek budget cuts as incomplete. They are demanding another +EUR325m of cuts and parliamentary approval of the reform package plus pledges from political leaders that they will maintain their commitment after ... (full story)

I love volatality in the market. Only fluctuation in the market would bring the profits to a trader. If the price does not move you might as well keep the money under the carpet.
it all depends on traders..
one twitter shit can turn the world upside down
I do not think the Germans will allow Greek to default the debt. If Greece defaults that will be end to Euro.
  •  Guest
  • | IP XXX.XX.232.226
Twitter still traders hope .. LOLZ
this stopped the twitter fall...
we never lose faith in it just that we never had any faith in it in the first place

Euro won't die, it will just get devalue - that's all. Been overvalue for a long time...
for 24bazar - the funny thitter is not a person, it's a bank, nothing more. launch the rummor, create the right candle an invest verry simple
what about greece leaving the euro and go back to drachma?
whose gonna lend them money? if they stay in euro, other countries would be obliged to help because they will drag the euro down...if they get out, nobody would trust them
If greece defaults wont that be good for the eur and the euro too? Like not having a losing part of a company anymore? Everyone thinks this might be the end of the euro. I dont think so. If they leave the eur and go back to their original currency, there debt is gone. How do debtors collect anything? Germany wanted this mess, now they have it. They are trying to have their cake and eat it too. good luck with that.
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  • | IP XX.XXX.224.38
after this huge bearish move during the Europe session one thing is jumping in my mind...............
((((((euro to 1.3100 and advance 1.3025 on the break)))))
trade safe and keep your self disciplined )
go back to "drag-ma" courtesy of drag-queen (draghi)

Quoting jetkim
whose gonna lend them money? if they stay in euro, other countries would be obliged to help because they will drag the euro down...if they get out, nobody would trust them
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  • Story Stats
  • Posted: Feb 10, 2012 7:34am
  • Submitted by:
     OANDA
    Category: Fundamental Analysis
    Comments: 12  /  Views: 3,178