Statement by the Eurogroup | Forex Factory

  • Statement by the Eurogroup

    From europa.eu Story is in PDF Format

    Ministers welcome the request of the Spanish Government for financial assistance from euro-area Member States. Ministers welcome the assessment provided by the Commission, in liaison with the ECB, EBA and the IMF, that the eligibility conditions for access to an EFSF/ESM financial assistance for the re-capitalisation of financial institutions are satisfied. In line with this, Ministers consider that providing assistance to Spain is warranted to safeguard financial stability in the euro area. The financial assistance could be provided by the EFSF until the ESM becomes available, then it would be transferred to the ... (full story)

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frx_trader
Jun 27, 2012 11:34am
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or one bad news to go to 1.2000. Which one will it be? Well, before 1.2000 is 1.2200.
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UniqueIdea
Jun 27, 2012 11:01am
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Euro is waiting for just one good news for1.3000 level
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Patraulea
Jun 27, 2012 9:50am
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EUR will jump n the next few hours!
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Patraulea
Jun 27, 2012 10:26am
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It is just my opinion and i must admit, my hopes...based on positions i just opened an hour ago!
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Pokrajac
Jun 27, 2012 11:59am
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Tomorow we will see one not so strong bull,but at the begining of the nex weak,there will be one much stronger bear...my opinion is cca 80-90 pips up and then 150-180 pips down....
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keton
Jun 27, 2012 1:05pm
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No one want to hold EUR. that's the point I'm on short side.Good news bad news no care. "Watch outside".
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mas tidar
Jun 27, 2012 10:16am
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if there is no invisible hands behind, € will fall deeper than this situation.
anyone know, the invisible hands ?

Quoting Patraulea
EUR will jump n the next few hours!
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Mjdsn
Jun 27, 2012 10:40am
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It is already priced in. Eur will go south.
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Trader#05D9
Jun 27, 2012 9:52am
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that is good news for EUR definetlly. maybe its time to buy?
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Trader#DC59
Jun 27, 2012 11:00am
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I expect breaking news by Friday which should provider Euro strength and rally in equity. Summit meeting will basically say that Euro countries are committed to supporting Euro. blah blah blah
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