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Wednesday’s Fed minutes to show level of dispute surrounding further QE

By   || February 13, 2012 at 02:46 GMT
|| 6 comments || Add comment

This time Reuters comes to the rescue, giving us something to read in what has been a very slow session since the Greek vote passed through parliament.

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6 Responses to “Wednesday’s Fed minutes to show level of dispute surrounding further QE”

  1. fxgai on February 13th, 2012 02:56 GMT

    I thought this was interesting (even if not especially tradeable), central banks gotta watch what they say!
    http://www.bloomberg.com/news/2012-02-11/mandela-s-image-to-appear-on-south-african-banknotes-president-zuma-says.html

  2. Charles on February 13th, 2012 03:02 GMT

    Sean, for us old souls, the quieter, the better!

  3. Charles on February 13th, 2012 03:09 GMT

    Totally not trade related in any way, shape or form, but pretty funny read that appeared in a newspaper advice column (at least supposedly). http://www.picshag.com/why-men-shouldnt-write-advice-columns.html

  4. HerrHansa on February 13th, 2012 03:13 GMT

    I cannot read Greek, but it looks like there are some super pissed off people in Athens.

    http://news247.gr/ellada/eidiseis/pomphia_to_kentro_ths_athhnas.1639441.html

    I just don’t see this going well at all. The Greek government at this point could promise anything, but elections are in April. If the IMF pushes on payment guarantees beyond April, then this could all quickly unravel after Greek elections.

  5. GodOfDomains on February 13th, 2012 03:39 GMT

    Hi Sean Lee,

    Now the Greek vote is positive. Also no rat cut last week. Still why EU/USD is waiting to hit 1.37 or so?

    In my opinion EUR/USD to reach 1.38 to 1.40 this month and in 2nd week of March, the down trnd is expected as Greece can’t keep any promise. In april the New greek government will dismiss all previous Austrey measures and dare to come out of EU. Then Eur/USD to reach 1.20 in April / May.

    Dear Sean lee,

    Can you share the below.

    1. Your opinion on EUR/USD short term & long term.
    2. Any updated details on EUR/USD orders

  6. Sean Lee on February 13th, 2012 03:43 GMT

    Hi Domain, long term I remain very bearish on USD so I expect that EUR/USD will eventually appreciate once these problems are over. Shorter term I’d prefer to be short, but only when mkt isn’t overly positioned.
    Very little on order front today, which is usual for a Monday. Should be more info later tonight with Joe/Gerry

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