Are you a part of any syndicate.............. you seem to come across a lot of chirping birds.......... but as long as you get to share with us, I won't be jealous.............
No I am a nothing and stuff is second-hand reports so could be rubbish even though it makes good sense when you think about it.
The skeptic in me wonders about the logistics of implementing such a thing anytime soon no matter how motivated... Example look at how slow (and screwed-up) the Euro is.
What's Your Non-Farm Payroll Number and Euro Rate at 9AM ET?
What's Your Non-Farm Payroll Number ?
Will the Euro be Higher or Lower than 1.3133 at end of trading today?
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Trader, Gregory McLeod moderates the DailyFX Forum.
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Please use the “Ask the expert” section to ask me trading questions or reply to me in this thread.
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No I am a nothing and stuff is second-hand reports so could be rubbish even though it makes good sense when you think about it.
The skeptic in me wonders about the logistics of implementing such a thing anytime soon no matter how motivated... Example look at how slow (and screwed-up) the Euro is.
It took over 60 years in planning and implementation to get the Euro where it is today and it still is in a work in progress. Monetary union without a unified central government is a hard act to pull off. In the U.S., the lack of union has placed the US Dollar in jeopardy though we have had a successful currency union replacing the currencies of various states with the US dollar.
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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I will go with Goldman Sachs # 135,000
Euro higher, but POP, and DROP. I wont be trading until after its released. I like to fade the spike after 15min.
Full moon and NFP on the same day sounds ominous but add the French and Greek elections plus the looming credit agency reviews of the Eurozone and you won't be surprised that it's not just "any" full moon today but apparently a "super Moon": Sunday's moon to be biggest this year
Good luck everyone....
PS: We are still in a range and range breaks can get messy.
Full moon is on Sunday, but not just about the moon, it is also a very important Venus cycle day! So perhaps next Monday or next week might be a new beginning.
Now today is Friday, we can pull out the obligatory Ur---- jokes. Here is a nice and family-friendly one:
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.
It took over 60 years in planning and implementation to get the Euro where it is today and it still is in a work in progress. Monetary union without a unified central government is a hard act to pull off. In the U.S., the lack of union has placed the US Dollar in jeopardy though we have had a successful currency union replacing the currencies of various states with the US dollar.
Hi Greg... As you probably heard... It is nothing so grandiose, as no doubt everyone sees the cracks in the Euro. It's mainly an alternative to swift that enables settlement without using US dollars, which of course currently helps prop the demand and value of the dollar. The motivation is not about currency values, but rather about independence, control and freedom from any dollar/swift threats. As reported, they have had meetings and it is already under development.
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Originally Posted by stryker
