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Germany pushing for loan guarantee limit

By   || May 9, 2010 at 21:00 GMT
|| 9 comments || Add comment

Reuters sources are quoted as saying that Germany is pushing for a loan limit of EUR500 billion for the crisis management mechanism. EUR/USD is continuing to gain across the board, now at 1.2920.

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9 Responses to “Germany pushing for loan guarantee limit”

  1. dafx on May 9th, 2010 21:07 GMT

    is it real money? or printed money? Because if it is printed money .. Euro could crash sooner.

  2. JAKE on May 9th, 2010 21:13 GMT

    Does anyone know why the pricing in fiber has a 10 differential between bid and ask?. It usually is only 2.

  3. zekelogan on May 9th, 2010 21:16 GMT

    Low liquidity Jake

  4. JAKE on May 9th, 2010 21:18 GMT

    Well, that is the ultimate stay away signal.

  5. Silviu on May 9th, 2010 21:21 GMT

    real money finished long time ago…

  6. hart on May 9th, 2010 21:25 GMT

    Could be the ultimate scalp Jake! Just teasing a little.

  7. dafx on May 9th, 2010 21:26 GMT

    You are right Silviu… what I was thinking? LOL Let’s see how the Euro crashes…

  8. JAKE on May 9th, 2010 21:30 GMT

    Hart, I love volitility but on high volume, as you saw on friday. This lack of liquidity and that 10 differential is a bad omen. No trades for me until it normalizes. Cheers!!

  9. JAKE on May 9th, 2010 21:31 GMT

    Usually on high volitility, I like to do intra-day trading and not scalp.

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