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Irish bank’s ECB borrowings fall to 89.5 bln in July

By   || August 31, 2010 at 09:39 GMT
|| 12 comments || Add comment

From 94.79 bln in June.  I guess that’s gotta be good news. At least it’s going in the right direction.

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12 Responses to “Irish bank’s ECB borrowings fall to 89.5 bln in July”

  1. bunty on August 31st, 2010 09:51 GMT

    Hi gerry… how have you been? CHF is getting stronger like anything. anything specific for that??in the past we have seen the swiss central bank intervening when such strength was seen in the currency.

    and the strength of the dollar index is not showing any signs of abating. what do u see there in the short term and medium term.

  2. marko matan on August 31st, 2010 09:58 GMT

    EUR/CHF maybe a turnaround today?

  3. jack on August 31st, 2010 10:02 GMT

    Marko, stay away from that BH…

  4. Jeremy on August 31st, 2010 10:03 GMT

    You must be very brave to try to pick a bottom in EUR/CHF…

  5. Johan on August 31st, 2010 10:07 GMT

    Nah…

  6. Jeremy on August 31st, 2010 10:09 GMT

    SNB said it won’t interviene anymore… unsell deflation risk comes back…

    So don’t count on them to weaken CHF, and even if they try, it will fail if the underlying weakness of other currencies are not solved out.

  7. jack on August 31st, 2010 10:13 GMT

    Basically, SNB is somehow Scr3wed up… can not do much…

  8. marko matan on August 31st, 2010 10:17 GMT

    I guess I might be very brave…we-ll see…I am using some hedging strategies… sometime we must find a bottom

  9. marko matan on August 31st, 2010 10:17 GMT

    I am cashing in on short positions and keep the longs for the long-term…

  10. marko matan on August 31st, 2010 10:19 GMT

    I believe the market has so far discounted all the bad news/data coming out of this week…if we get a positive surprises out of US, that will be a big surprise…

    so far we-ve see only good data coming in out of EURozone…

  11. marko matan on August 31st, 2010 10:20 GMT

    and eur crosses we not rewarded for that at all…

  12. Dinko on August 31st, 2010 10:47 GMT

    Markec dont gamble to much

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