I have closed all my position and initiate new one yesterday. What happened yesterday on spain is the worst case scenario, banks are going to be nationalised, and market are going to attack countries, if euro is helding during the cyclone eyes where we are, EURO will become the new reserve currency in my opinion.
We are going to see something huge, probably the basement of a european debt agency, this is the only way to calm the market, and for euro to don't split, this is my view. I will pass long eur when S&P is going to put the US debt under watch...................It will be the signal to sell the usd not before.
All my bearish view in long term on usd stay as the same, BEARISH USD. but we have to make money so I am at the present time long usd
short nzdjpy @49.264
short nzdusd 0.54306
short gbpusd 1.43998
short audusd 0.67029
short eurjpy 119.989
short audjpy 60.34
short eurusd 1.31502
long usdchf 1.13533
long eurgbp 0.90806
Short usdjpy 89.90
mardi 20 janvier 2009
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