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  • Spain: Further substantial reduction in manufacturing output

    From markiteconomics.com

    Operating conditions for Spanish manufacturers continued to deteriorate in July, with further sharp falls in new orders, output and employment recorded. Input costs decreased for the second month running amid falling demand for raw materials and firms continued to lower their output prices in an attempt to boost demand. The seasonally adjusted Markit Purchasing Managers’ Index ® (PMI ® ) – a composite indicator designed to measure the performance of the manufacturing economy – posted 42.3 in July. Although the reading was higher than the 41.1 recorded in June, it still represented a sharp deterioration of ... (full story)

fuck this dirty game. news are bad for EUR, but EUR is rising..... wtf??????????????????????????????????????????????
i thing that this is the plan of super mario.... put the money for greeks in forex to increase EUR value and multiply the money.....
  •  Guest
  • | IP XX.XX.14.182
Quoting Pip_tracker
fuck this dirty game. news are bad for EUR, but EUR is rising..... wtf??????????????????????????????????????????????
Unfortunately that's how this game is played by the "big players." If the retailers are short, the big guys are long to take your money!

http://fxtrade.oanda.com/analysis/ EU, GU, and AU all have retailers leaning to the short side!

http://www.myfxbook.com/community/outlook GU and AU has majority short here too!
whats happening there? bad data yet market goes up...
wew.. anything really can happen in forex
Yea it looks like that. Everytime you see clear downtrend direction I mean good news for usd and bad news for euro at that time Mario or any liar euro politician tell something absurd. Maybe they open big volume buy order and then they tell their lie.
42.3 is higher than 41.1 so its euro positive
  •  Guest
  • | IP XX.XXX.100.43
Must be Rothchilds and Bilderbergs screwing with the market?
Quoting granty
42.3 is higher than 41.1 so its euro positive
Agree!!
Quoting granty
42.3 is higher than 41.1 so its euro positive
PMI's do not index in the way you are thinking of granty. An index below 50 is a contraction and has a negative influence on the economy.
cny bad gbp bad eur n no good too...but theyr upppppp
so weird
[quote=Pcm;5892581]PMI's do not index in the way you are thinking of granty. An index below 50 is a contraction and has a negative influence on the economy.[/quote
Yes so no matter it shows 49 or 41. It means contraction as long as it stays under 50 and it is negative foe currency.
Spain is just a country of EZ. Likewise Michigan,California are states of US. If Michigan and California economics are bad, will USD be bearish?
[quote=cppolybd;5892597]
Quoting Pcm
PMI's do not index in the way you are thinking of granty. An index below 50 is a contraction and has a negative influence on the economy.[/quote
Yes so no matter it shows 49 or 41. It means contraction as long as it stays under 50 and it is negative foe currency.
So no difference 49.9 or 21.1 ? maybe its negative but its closer to positive
come on guys. it was projected to come in worse than expected at 40.5 so smart money sold. it then came in better than expected at 42.3 so they bought. euro positive. 50 has been and gone and is neither here nor there.
Lol again someone who thinks he knows what smart money does and offcourse telling it after the fact.
yes believe it or not people listen to what analysts say. they dont just flip a coin.
y wud drag queen or anybody else in euro want a strong euro? strong eur hurts EZ economy
[quote=Minde;5892629]
Quoting cppolybd

So no difference 49.9 or 21.1 ? maybe its negative but its closer to positive
If it falls to 21.1 than he should ask aid from 3rd world countries.
  •  Guest
  • | IP XX.X.222.161
no prob, we 3rd worl traders are here, got 2 golds in olympic swimming and looking forward to ben at 20.15 (-6 hrs for edt). bring it on ben, give us a fast trade, like 1 pps.
Quoting granty
yes believe it or not people listen to what analysts say. they dont just flip a coin.
Only thing i believe is that you blew your account again today
u mad
No, you are full off it, so you donated again and got a margin call again. Now donate again pls, i like your money in my account
lol
  •  Guest
  • | IP XX.XXX.110.128
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