What CharlesX236 said
- Joined Mar 2010 | Status: Technical Fundamentalist | 11,563 Posts
Pending conversations? PM for a chat...I am mainly in OTM now
When will the Euro Roll End? 1 reply
end of the euro? beginning of IMF virtual coin? 8 replies
Seems like sure bet to long euro until end of the year 0 replies
Euro Triangle Sideways near to end??? 1 reply
When do the Asian/Aus/Kiwi sessions start and end? 4 replies
Disliked
On the surface it would seem to be better to have a lot more pairs to trade,but the bid/ask spread would be a lot wider than the typical bid/ask spread that is on the Euro, and only a handful of pairs would have the liquidity to be suitable to most typical traders?Ignored
DislikedIt doesnt matter whether it should or shouldnt. There wont be a EMU AND a EU by the end of 2012 . 1989 revisited. Open your eyes, its all in front of you and it has been for a long time.Ignored
Quoting sisseDislikedThe main problem is for the other players. Greece is paying +50% on 2 yrs bond AND THATS with THE EURO, imaging without it ... (inflation, depression, devaluation, etc, CHAOS more than now)....Ignored
DislikedOnly if you believe in the mayan prophecies for the end of 2012.
The EU is here to stay for a vey long time, even if I like it or not. Some countries will go back to their pre-2001 currencies but they will remain in the EU without sharing the EMU. Maybe Greece and Portugal will leave altogether and will default but not Italy and Spain.
50% is the current yield. If you buy a 2 yrs bond today and Greece will not default in 2 years, when you'll redeem it you'll get 100% on your investment.
Greece has never been a fiscally disciplined...Ignored
DislikedOnly if you believe in the mayan prophecies for the end of 2012.
The EU is here to stay for a vey long time, even if I like it or not. Some countries will go back to their pre-2001 currencies but they will remain in the EU without sharing the EMU. Maybe Greece and Portugal will leave altogether and will default but not Italy and Spain.
50% is the current yield. If you buy a 2 yrs bond today and Greece will not default in 2 years, when you'll redeem it you'll get 100% on your investment. But you buy from the market and not from Greece....Ignored