They’re all at it.
25 Responses to “Ukraine’s central bank offers to buy dollars for the first time this year at 7.98 hryvnias”
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AUTOREFRESH 
How the ‘eck d’you pronounce that?!
Hmmm … support for dollar
riv-ni-as … i think
http://en.wikipedia.org/wiki/Hryvnia
it’s there.
They should all be at it, Gerry! Because the short dollar/long everything else trade is distorting everything—-euro, yen, stocks, gold, BRL, RBL, hrivnias, slavnias, scandinavias, asiaticas, younameits, and it isn’t good for these economies or the world one….very dangerous….look at Dubai. Wouldn’t look at it myself…sort of place Beckham likes
thanks speki
check UCAD (sorry for offtopic – don’t know where to post) – somebody has a cap on it around 1.0545
Short EURUSD @ 1.5070 T/P 1.5055 .. go Ukraine go
Tajul the Ukraine news isn’t USD bullish
I know … just having fun
Gerry – can you explain the mechanism little if you have spare time (if don’ t no matter) ; thanks from now…
Had to zero close it … another time
No, it is dollar bullish. Countries are starting to react to excessive dollar weakness/local currency strength. That is a support for the dollar. So, too, is rising risk.
I m hearing that if greeks bonds are further downgraded they won’t be elligible as collateral to get funding at the ECB..?? Is that true ?
Can’t be euro supportive? Gerry did u hear anytg pls?
“Gerry Effect” moving the markets; sometimes happens…
Don’t worry. It’s EUR/JPY that puts the pressure on EUR/USD for now.
EUR/JPY will find some support soon around 129.90 area.
hearing SNB in usd/chf again…..?
adje, mind you, if your support is broken there’s thin air below. ej might need a safety chute.
as i mentioned earlier cheg they were there all the time lurking just below 1.0000
Thanks all..there is 50 day MA @ 1.5037 for EUR/USD…I’m done, glad that, luckily positive operation today…See you all ladies & gentlemen; good profits.
i totally disagree on first part ISCA. Agree on second part. today is all about dubai worry, rising risk. intervention by various countries to buy dollars, sell there own currencies results with a portion of those dollars being turned into euros, therefore support eur/usd. (whatever anyone may think)
Part of dollar purchases may be used to buy euros, yes, but the degree to which that happens isn’t certain. What is clear is that if countries are buying dollars to weaken their currencies it may add to the risk aversion flow into the dollar.
Conversation into euro or not if everyone think it’s the case that does the trick.
i guess that’s what makes a market, differing opinions.
yeh fisherman. 128.51 area