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 Forex Version 20, Foreign Exchange Market Discussion

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David_Yang
post Jan 17 2018, 08:52 PM

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QUOTE(Icehart @ Jan 17 2018, 08:56 PM)
I still have open positions on this counter, reshort few times already. Still aplenty margin to cover but looks like it will be few weeks before it come down.
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USD/EUR depends most on the ability of forming a new government in Germany after the unclear election result last year. Still difficult to say, the market already thinks it will happen this month. If yes, the EUR can go to 1.30 USD fast, if not it will come down again.

I now would definitely NOT bet against the Euro.
David_Yang
post Jan 17 2018, 10:50 PM

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QUOTE(David_Yang @ Jan 17 2018, 09:52 PM)
USD/EUR depends most on the ability of forming a new government in Germany after the unclear election result last year. Still difficult to say, the market already thinks it will happen this month. If yes, the EUR can go to 1.30 USD fast, if not it will come down again.

I now would definitely NOT bet against the Euro.
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Just read the decision in Germany will be made this Sunday. All you go with open EUR/USD-positions in the weekend will have exciting start in the new week cool2.gif
David_Yang
post Aug 29 2018, 12:02 PM

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The money changers @ Mid Valley (and probably also other places like Bukit Bintang) sell EUR at the moment below market value. If somebody needs / wants ...

Interbank is around 4.80, can get 4.78

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