Euro (€) Currency Thread

inspector_monkfish

loveunit wrote: »

some really great progress.. do you really think the budget will be a non-event, seems that normally there is more speculation before a big event, followed by a reaction.?

who knows mate ?

no doubt it will have some reaction, but usually these things just turn into a damp squib...

loveunit

what about 1.15 this week!

made a great start this morning, touched 1.127 with a super opening rally...

inspector_monkfish

loveunit wrote: »

what about 1.15 this week!

made a great start this morning, touched 1.127 with a super opening rally...

its def on the cards

trading at 1.1285 right now
GBP is in demand - almost back to 1.50 against USD

inspector_monkfish

10:21 15Apr09 (GBP) GBP seen rallying across the board

(GBP) GBP seen rallying across the board aided by fresh demand for GBP/JPY around 146.00 following its recent tight range trading action. Pair currently
up around 148.00 with talk of momentum name players active buyers.

GBP also seen supported via ongoing long liquidation of EUR/GBP positions with the pair
targeting key support at 0.8850/55 (5, 6 March lows) ahead of 0.8810 (2 March low).

GBP price action seen further aiding the recovery in cable with the latter eyeing a break past psychological 1.50, a level not traded since 12
January.

inspector_monkfish

threatening to break through 1.13 barrier


1.1290 trading

inspector_monkfish

1.1320 TRADING NOW

ALSO cABLE IS TRADING AT 1.5020

loveunit

1.132 -- someone is listening to us today..!

what about some free-falling from the Euro - I see it happens sometimes?

Eager_Saver

1.1337 now

oh, how I long for the days of 1.40 and above

loveunit

1.1352 - and rising, the dollar has gone crazy against the EURO also... at this rate it will make 1.15 today!

inspector_monkfish

EUR/GBP: Extends South to Threaten 0.8800, BRC Data at Midnight] London, April 15.

EUR/GBP has just plumbed a fresh seven-week low three pips shy of 0.8800 (a noted support point) as the euro continues to suffer on the back of the Reuters-reported comment from Buba President Axel Weber that the ECB will
announce a package of "non-standard" policy measures in May. The next ECB meeting
is on May 7.

Sub-0.8800 bear targets include 0.8750, 0.8726 (Feb 24 low), 0.8637 (Feb 10
low), 0.8600 and 0.8500.

March"s BRC retail sales monitor will be unveiled at midnight BST. Annualized
like-for-like UK retail sales fell by 1.8% in February, after rising 1.1% in
January, according to the BRC.