Menu

  • German court holds euro zone fate in its hands

    From reuters.com

    Germany's Constitutional Court holds the fate of the euro in its hands when it rules next week on whether a crucial euro zone financial rescue fund can go ahead. A negative ruling, considered improbable by legal experts, would cast the 17-nation European single currency area into turmoil, spurring panic on bond markets by raising doubt over any more rescues of debt-laden southern states. But if, as expected, the court gives a green light on September 12 to the euro zone's permanent bailout mechanism and a pact on stricter budget discipline, it may add conditions that constrain Berlin's power to pursue further ... (full story)

Is that good or bad?
still undecided chap.
How is that going to affect tonight ECB President Draghi Speaks?
dovish
Beranke, - Draghi,- "God". Shame for the humanity.
realty is that we all are blind.. euro-zone is near to collapse and we are buying euro. although Ecb is not interesting to buying any thing..
Quoting UniqueIdea
realty is that we all are blind.. euro-zone is near to collapse and we are buying euro. although Ecb is not interesting to buying any thing..
really? then why the EUR was going north when positive news for USD?
  •  Guest
  • | IP XX.XXX.146.33
thats what we called market trap..
Will see in 15 m what he is got to say?
He will say bla, bla , bla... we will
JacekPreserve Precious Capital
  •  Guest
  • | IP XX.XXX.164.7
Quoting UniqueIdea
realty is that we all are blind.. euro-zone is near to collapse and we are buying euro. although Ecb is not interesting to buying any thing..
Speak for yourself buddy...I have been selling every bounce for over a year!
Quoting Guest
Speak for yourself buddy...I have been selling every bounce for over a year!
On a guest (demo) account i assume
ECB SMP = no change. Nothing purchased, nothing matured.
  •  Guest
  • | IP XX.XXX.164.7
Quoting Magicgoan
On a guest (demo) account i assume
Careful with what you assume...it makes an ass of U and me. Actually it is a live account and several demo's as well. Live account short at 1.26298 right now and LOVING IT! Flush the Euroturd!
Quoting UniqueIdea
realty is that we all are blind.. euro-zone is near to collapse and we are buying euro. although Ecb is not interesting to buying any thing..
Hey, you're needed outside dude. You need to carry the "The End is Near" sign. Nobody else is stupid enough to do it but you
http://www.ecb.int/press/key/date/2012/html/sp120830.en.html

+

"The anchoring of expectations at relatively low levels probably reflects continued negative output gaps in the euro area as well as confidence that the ECB will be able and willing to drain liquidity if and when necessary to control inflation. "
Quoting spaizkadett
Hey, you're needed outside dude. You need to carry the "The End is Near" sign. Nobody else is stupid enough to do it but you
The globalization. The idiotic ones are an instant success.
Nobody never supported me. I come in for discrimination.
  • New Comment
  •  Guest
  • | IP XX.XX.14.81
Join FF
  • Story Stats
  • Posted: Sep 3, 2012 8:30am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 18  /  Views: 4,730