The precursor to the Economic Monetary Union.
Following the fall of the Bretton Woods system, this system attempted to stabilize the European Economic Community through linking their exchange rates. The EMU succeeded this system by ultimately converting all participating countries’ currencies into the Euro.
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$EURUSD http://t.co/mU5gO9Ru COT positioning shows Non-commercials the most short Euros in history. Quite significant.
REPORT: Check out our "Morning Slices" report at http://t.co/m9SZgZKe for an overview of the latest developments.
RT @PipCzar: sold $USDCAD at 1.0200 short, stops above trend highs > we are together again...
See the FX360 weekly technical preview to help plan this week's trades! http://t.co/iRyZILLZ #forex $$ Register for the live webinar as @FXexaminer discusses #ForesightAI, May 21 - 8:00 ET http://t.co/SySFDaJL Promo code - LNS #FX #forex
TFL TV is live NOW - trading and analysis on EURUSD, NZDUSD, USDCAD and more http://t.co/J1ZhGc8g $USDJPY: Although we have seen mild recovery today, the pair still hasn't managed a break above Friday's high. Keeps 200-Day SMA in focus. I though the EURUSD was supposed to move a lot during this session sheeeeezzzzz Spotting a herd can be difficult .but knowing when you will need that towel is just as important http://t.co/wN1bi0xc @keepitrealdude US equity futures have held up rather well and still track higher by over 0.50% ahead of the North American open. RT @keepitrealdude: Excellence is distancing yourself from the herd, you are excellent at it> Is this a backhanded compliment? lol #nomates Tempted to sell #Gold on this push -> MT @EdMatts: $GLD shd now recover above 1600 (5W) befor retrace 1555-60 where will rebuy with 1522 stp
Two FT analyses of the eurozone bank run and how to stop it: my blog at http://t.co/Ap4gI57Q and Wolfgang Munchau at http://t.co/ttpDAP3Q
Defaults & Deferrals among Chinese Commodity Buyers http://t.co/yN3lxARR #forex $GLD #commodities FED'S LOCKHART sees only moderate downside risks to the US economy overall, but fears EU debt crisis as one of the greatest dangers. Webinar starts in 1 hour - trade setups on EURUSD, USDCAD, AUDJPY and more: http://t.co/J1ZhGc8g Often much better trade (higher probability x return) comes from fading a 5W trend than a 3W correction.. @NicTrades > EURGBP today Often much better trade (higher probability x return) comes from fading a 5W trend a 3W correction.. @NicTrades > EURGBP today US equity futures are attempting to recover from oversold but still have a good amount of work ahead to set up corrective reversal. RT @NicTrades: Japan MoF says yen appreciation 'speculative in nature' & Japan ready to take action if needed > another corny chat up line?! The commodity bloc currencies are all tracking higher on the day against the buck while the Yen is the clear underperformer for now. ECB's ASMUSSEN reiterates non-standard measures are temporary with an exit possible when central bank sees upward risks to price stability.
RT @babypips: 2 Reasons Why Gold Didn't Trade Like a Safe-Haven Asset http://t.co/vsXdF6ue #forex #fx #gold Complete your pre-trading routine by marking the important chart levels on AUD$, $CAD, and NZD$! http://t.co/VeZViuCN #forex #fx The only time the 'obvious' will happen in a market.. is when the market thinks it is too obvious #trading Has $EURGBP turned? Possibly.. Video update on http://t.co/EqiZqEjC explains why where the next 1pct move should come from.. #gbp $USDJPY: Has been mounting a bit of a recovery and now attempts to clear Friday's high. However, needs break of 80.60 to encourage reversal. "The Herd is only ever right for a short period of time at major tops and bottoms"..
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