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inpatient replied Mar 17, 2013It for sure brings into doubt the whole 'federally insured' statement for savings. Maybe that should be redefined as 'Federally risked' I predict a riot.....
EURUSD
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inpatient replied Mar 17, 2013Yes but how much do you have in there? What if you had millions?
EURUSD
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inpatient replied Mar 17, 2013I think the fact that most of the money in savings in Cyprus is Russian has been an important factor in this decision.
EURUSD
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inpatient replied Mar 17, 2013might even want to maybe remove the TP on this, could be the start of another move much lower.
EURUSD
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inpatient replied Mar 17, 2013XE.com strangely I haven't seen outside of this area all along? Most others are below 1.30 and have been since the news broke.
EURUSD
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inpatient replied Mar 17, 2013that's going to work out well, good planning ahead. What impact do you expect from this in GBPUSD?
EURUSD
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inpatient replied Mar 17, 2013either way it is going to be interesting, I favour the downside but im likely swayed emotionally by a desire to buy the pound as low as possible.
Cable Update (GBPUSD)
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inpatient replied Mar 17, 2013[quote=brinks;6521088] as with the dollar and in particular in light of the fundamentals recently showing strength in the US and weakness in GBP. My gut tells me the flow from the Euro will more likely be to the dollar than the GBP. GBP will no ...
Cable Update (GBPUSD)
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inpatient replied Mar 17, 2013it will be interesting to see whether the declines likely in the euro will have an added drag to the pound v USD, regardless i dont see anything to suggest any dollar weakness against GBP. The correlation between Euro and GBP seemed to be very ...
Cable Update (GBPUSD)
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inpatient replied Mar 17, 2013i think the situation and actions taken regarding Cyprus will do more to undermine the banking system in Europe than anyone can imagine. If savings are at riisk then nobody will save, expect not just a run on the bank in Cyprus but potentially ...
Cable Update (GBPUSD)
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inpatient replied Mar 17, 2013I see where your coming from but time has shown us that these correllations are somewhat flawed. Definitely good to observe and draw hints from but i wouldnt base trades solely from this.
EURUSD
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inpatient replied Mar 17, 2013maybe against EU which is set to adjust against GBP. I actually think shorting the Euro from the open is a better option than trying to work out the pound right now.
Cable Update (GBPUSD)
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inpatient replied Mar 17, 2013Now your talking! Cream with excitement if we get down there buddy.... Here's hoping. Im still of the opinion that were just setting up for more down trend. Im even actually wishing i hadnt closed my shorts from last week. The end of the week seemed ...
Cable Update (GBPUSD)
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inpatient replied Mar 14, 2013the worry with going short right now is the thought of today and the fairly impressive short covering that occurred. Someone with way more money and wisdom than me decided this would be a good place to change their tune. The foolish thing would be ...
Cable Update (GBPUSD)