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  • #772,581
  • Mar 17, 2013 2:59pm Mar 17, 2013 2:59pm
Quoting math_GB
Why not take 100% and bring the story to an end... WTF...!
I keep reading the news related to the subject and I think it is time to take a stand for anyone who has some savings and try to make a living on rental income and yield.

I can't believe this is an EU country which is taking such action. This will affect so many things, bond yields,emerging markets... Countless other things... Have they lost their mind...?
Unfortunately, it takes actions like this for the people to stand up for themselves and against their corrupt government.
When the facts change I change my mind, what do you do sir
  • #772,582
  • Mar 17, 2013 3:00pm Mar 17, 2013 3:00pm
Quoting math_GB
Why not take 100% and bring the story to an end... WTF...!
I keep reading the news related to the subject and I think it is time to take a stand for anyone who has some savings and try to make a living on rental income and yield.

I can't believe this is an EU country which is taking such action. This will affect so many things, bond yields,emerging markets... Countless other things... Have they lost their mind...?

I think the fact that most of the money in savings in Cyprus is Russian has been an important factor in this decision.
Money never sleeps...
  • #772,583
  • Mar 17, 2013 3:01pm Mar 17, 2013 3:01pm
Quoting math_GB
Why not take 100% and bring the story to an end... WTF...!
I keep reading the news related to the subject and I think it is time to take a stand for anyone who has some savings and try to make a living on rental income and yield.

I can't believe this is an EU country which is taking such action. This will affect so many things, bond yields,emerging markets... Countless other things... Have they lost their mind...?
If I were in one of the bailout nations I would strongly consider pulling the entirety of my funds immediately and taking my chances under the mattress. I would absolutely not be surprised to see a run on banks very soon. Like Max said this is obviously very serious and I had a nasty feeling about this as soon as I read about it.

Quoting inpatient
I think the fact that most of the money in savings in Cyprus is Russian has been an important factor in this decision.
I wonder what Putin is going to think about that. Russia supplies most of the natural gas and if the EU is into the business of screwing Russians then I'm sure the Russians could respond in kind.
  • #772,584
  • Mar 17, 2013 3:02pm Mar 17, 2013 3:02pm
Quoting inpatient
I think the fact that most of the money in savings in Cyprus is Russian has been an important factor in this decision.
Very ugly... Money has no nationality and should not be scared... WTF...!
  • #772,585
  • Mar 17, 2013 3:03pm Mar 17, 2013 3:03pm
Quoting KillerWhale
But I did set a number of entries short EU @ 1.3065 target 1.3000 and lower.
They will be hit a few seconds after Oanda opens.
Shit that big GAP is gone now on xe.com
New voice message: Why are you calling me? If I need you, I'll call you!
  • #772,586
  • Mar 17, 2013 3:03pm Mar 17, 2013 3:03pm
The Cyprus thing looks like they picked on the weakest member and try to make an example of it, the whole thing stinks!
  • #772,587
  • Mar 17, 2013 3:03pm Mar 17, 2013 3:03pm
Eurusd 1,2960 (1,3075),
eurchf 1,2220 (1,2270),
eurjpy 121,40 (124,55)
usdjpy 93,90 (95,30)
  • #772,588
  • Mar 17, 2013 3:03pm Mar 17, 2013 3:03pm
Quoting uafx
EU back where it was (at least on xe.com):
1.30796
noo boy, 1,2937 now
  • #772,589
  • Mar 17, 2013 3:04pm Mar 17, 2013 3:04pm
Quoting uafx
EU back where it was (at least on xe.com):
1.30796
My broker opened and its at 1.2937.
  • #772,590
  • Mar 17, 2013 3:04pm Mar 17, 2013 3:04pm
Quoting inpatient
I think the fact that most of the money in savings in Cyprus is Russian has been an important factor in this decision.
True.. but remember most of western europe runs on russian natural gas, and Putin can cut if off in an instant.. He won't give a shit.. Not that simple..
  • #772,591
  • Mar 17, 2013 3:05pm Mar 17, 2013 3:05pm
Quoting CoolJL
My broker opened and its at 1.2937.

Whats it showing for GBPUSD?
Money never sleeps...
  • #772,592
  • Mar 17, 2013 3:05pm Mar 17, 2013 3:05pm
if ur long then if 1.29 holds short term u my get a chance to get out at 1.3050 at best you will have a loss for sure plan for exit startegy
  • #772,593
  • Mar 17, 2013 3:05pm Mar 17, 2013 3:05pm
So I guess I have to stay awake and do it all manually,.
New voice message: Why are you calling me? If I need you, I'll call you!
  • #772,594
  • Mar 17, 2013 3:06pm Mar 17, 2013 3:06pm
Quoting SnaveForex
are you short or long there
im more concerned with usdjpy, im long there and it fell 100 pips. Don't know the reason for the fall tho.
  • #772,595
  • Mar 17, 2013 3:07pm Mar 17, 2013 3:07pm
Quoting inpatient
Whats it showing for GBPUSD?
1.5125
  • #772,596
  • Mar 17, 2013 3:07pm Mar 17, 2013 3:07pm
Responding to the Cyprus problem was very negative, but there are signs of gradual stabilization of the euro is not able to break to new lows. However, the next move is likely to be decided in the morning to how the bonds will develop other peripheral countries. A key role will be played but the fact that the Cypriot parliament approves aid. If this happens, European assets may be under pressure. But when that happens, we could see a sharp rebound in asset mountain. So the news / noise voting members may have a strong impact on the market.
  • #772,597
  • Mar 17, 2013 3:09pm Mar 17, 2013 3:09pm
Quoting attila
True.. but remember most of western europe runs on russian natural gas, and Putin can cut if off in an instant.. He won't give a shit.. Not that simple..
Good to see that we're on the same page today.
  • #772,598
  • Mar 17, 2013 3:09pm Mar 17, 2013 3:09pm
Quoting KillerWhale
Shit that big GAP is gone now on xe.com
the shit closed fast

http://www.bloomberg.com/markets/cur...s/cross-rates/
  • #772,599
  • Mar 17, 2013 3:09pm Mar 17, 2013 3:09pm
lol Im from portugal and im not going to my bank withdraw any money. I will only do it if I see politicians doing preparations for conditions for any bailout soon. Its that simple.
"You're solid gold, see you in hell"
  • #772,600
  • Mar 17, 2013 3:09pm Mar 17, 2013 3:09pm
Quoting attila
True.. but remember most of western europe runs on russian natural gas, and Putin can cut if off in an instant.. He won't give a shit.. Not that simple..
No problem, they'll buy it from The Netherlands then.
New voice message: Why are you calling me? If I need you, I'll call you!
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