EUR/USD

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Seacap81
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EUR/USD

EUR/USD just punched through 1.44.  I suspect this is a set-up, get everyone on board on the Euro higher elevator before the "vote of confidence."  I don't care which way the vote goes, I suspect there is going to be a huge WHOOSH lower on the EUR/USD, I mean a violent one following the vote.  I could be all wet on this....I've just seen this crap too many times where something doesn't make sense and you find out later why - FX manipulation!!  Be careful out there.

Edited by admin on 11/08/2014 - 05:06
davefess
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buy rumor?

sell news? I agree. Things seem fishy. Way too much optimism. The irony is a Greek bailout would be short term bullish for Euro, but long term is very negative. Markets have no concept of reality

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Seacap81
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Woot....there it is.

My timing might have been off by 24 hours or so, but there's the whoosh lower EUR/USD.  Bernank feeling better now, plenty of room to bring on QE3.  Soon traders will be begging for it.  What a sham our financial markets are.

davefess
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agreed

few more weeks I believe. QE3 hasn't even ended yet. Jackson Hole for sure!

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