Proposals from France and Germany will be complete (when?) -- no date- uncertainty
Euro area economic government proposed
Euro zone president would be elected for 2.5 years
Van Rompuy proposed as euro council president
Deficit rules proposed to be be put in all euro area constitutions by 2012----What??? eh ??
Still seeking consensus in France on a constitutional debt limit
France, Germany to propose financial transactions tax in Spetember
Merkel on euro bonds:
Won’t help us now
People see euro bonds as a last resort
Sarkozy says he and Merkel have same opinion on euro bonds
(above from news wire media source)--- Mary, once youve digested your stuff your end please post your comments on this meeting becase your input on news event is pivotal to this forum thanks
Last edited by cw1; 08-16-2011 at 12:28 PM.
Take your profits or the market will take it from you....
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Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
Webinar: Watch me Trade Live Tuesday, Wednesday, and Thursday at 5:30 ET/9:30 GMT inPip & Run Trading Room.
Merkel and Sarkozy decided Euro Bonds were not the answer they wanted to hear for the Euro Zone. The EUR-USD is falling again. Is this the real USD reversal? No, I don't think its here yet... I'm looking to short EUR-USD at 1.4480.
Reinstated my eur/usd longs @14005 after they have sold the Sarkozy/Mikel news after pumping it. Now we look for other things now that the European conference is totally forgotten! Traders mentality...and the next is that US$ will still have downward pressure.
Looks like a double top on EU 1hr with divergence,
Possible neckline at 1.4355 or the 55 MA,
break below the neckline n possible minimum target can be todays S1 level or the 200MA or 1.4300,
Along as price stays above the neckline we remain bullish,
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Trader, Gregory McLeod moderates the DailyFX Forum.
If you are a new user to the DailyFX Forum, or not sure where to get started, please go to: How To use the DailyFX Forum and Introduce Yourself! Section. I’ll introduce you to the community and point you in the right direction.
Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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Originally Posted by JohnClark
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