http://www.businessinsider.com/ecb-fina ... =moneygameThis Is The Sentence That Caused Stocks To Come Surging Back
"Second, breaking the link between banks and sovereigns – which significantly exacerbates the impact of any financial disturbance – also by establishing a European deposit guarantee scheme and resolution arrangements"
Edit:MNI AUSSIE-DOLLAR: Fundamental levels (orders, options, technicals)
$1.0030 Strong offers, stops
$1.0020 Strong offers, large stops
$1.0000/10 Strong offers
$0.9985/90 Medium offers
$0.9950 Strong offers
$0.9940 US hours high/Medium offers
$0.9933 ***Current market price 1451EDT Tuesday
$0.9877 European low
$0.9850 Strong demand, stops (Asian low)
$0.9820 8 Jun low
$0.9800 Strong demand, stops
$0.9775/70 Medium demand
$0.9750 Strong demand, stops
$0.9710 5 Jun low
Biorąc pod uwagę to co cytowałem, to nic dziwnego bo trwa ostre przeciąganie liny i chodzi bardziej o duże pieniądze niż ostateczny kierunek co w rezultacie daje dużą zmienność ale nie koniecznie liczące się zwroty rynku.Stforex pisze:Złoto na W1 wygląda UP, ale harmonijki wskazują spore dołowanie, nawet do 1530... i bądź tu mądry
DJ European Officials Debate Euro Bonds
12-cze-2012
By Christopher Lawton
BERLIN--Leading European central bankers and politicians on Tuesday sought to calm a fresh bout of jitters on financial markets in the wake of a weekend commitment to bail out Spain's ailing banks by opening the door a little wider for euro-zone bonds combined with closer fiscal-policy coordination.
Officials speaking at an economic conference hosted by Germany's conservative Christian Democratic Union party strongly suggested that it would be possible for euro-zone governments to one day share liability for sovereign debt in some form. But before that can happen, euro-zone governments must cede more control over their fiscal and economic policies to European institutions.
"We want Europe and we want more Europe, but I want a Europe that is sure that joint liability and joint controls lie hand in hand," said German Chancellor Angela Merkel.
Germany, the euro zone's largest economy, and the euro-zone central bank have been under increased pressure to institute euro-zone bonds or other measures that share debt and risk among member states, amid a festering sovereign debt crisis. On Saturday, Spain announced that it would seek a bailout from Europe to help its ailing banks.
Joerg Asmussen, a board member of the European Central Bank, called euro-zone bonds "natural," but repeated Ms. Merkel's demands for instituting fiscal controls. The euro zone must further integrate into fiscal and political union, and correct the mistakes made in the construction of the monetary union 10 years ago. European leaders are expected to thrash out the broad outlines of a road map toward greater political union at their summit June 28-29.
"In a fiscal union, euro bonds are a natural element, but the process is important," said Mr. Asmussen, Germany's former deputy finance minister. "We must first have fiscal controls over spending and then we can talk about sharing debt."
Germany doesn't categorically rule out euro-zone bonds, but insists before euro-zone countries can share the risk associated with government bonds they must create a deeper fiscal and political union to ensure there is European oversight over national fiscal policies to enforce budget discipline. Germany also rejects the idea that euro-zone bonds are a short-term solution to the crisis.
Critics of euro-zone bonds warn they would reward countries who have had lax budget policies in the past because their interest rates would fall while the interest rates of more disciplined and economically stronger countries would rise. One alternative, said Finland's prime minister, Jyrki Katainen, is to consider common bonds only by countries with at least a Single-A credit rating, creating a euro-zone bond of top tier European economies that could benefit the rest of the euro-zone.
"It might push average yields down and benefit many other countries," Mr. Katainen said.
16:08 EDT - Longer-dated Eurodollar futures prices fall after foreign investors stayed away from this afternoon's auction of 3-yr US Tsy notes. Stock market rally curbed demand for safety as did unconfirmed chatter that the euro zone could establish banking union that would guarantee bank deposits. December 2013 Eurodollars settled 3.5 BP lower at 99.35, off the 99.335 intraday low. December 2014 contract settled down 4 BP at 99.09, near the 99.08 intraday low.
http://www.forexlive.com/blog/2012/06/1 ... ion-sucks/Your Position Sucks!
By Jamie Coleman || June 12, 2012 at 19:33 GMT
|| 19 comments || Add comment
Don’t ask us what we think of your trades.
They suck.
That’s why you’re asking us…
You got yourself into this mess; get yourself out…
