Cyprus-Forum.com

[supporttheunderdog]

It's a battle between the EU and Russia for Cypriot assets.

Euro holding strong.

(USA already has a finger in the pie ... )

For those who want hard facts on how the Euro is doing, look here

http://www.xe.com/currencycharts/?from=EUR&to=XDR&view=1W

From a value of 0.86744 SDR on 16th when the trend line was up it has dropped and after some wobbling is now running at about 0.86084.

[GreekIslandGirl]

It's a battle between the EU and Russia for Cypriot assets.

Euro holding strong.

(USA already has a finger in the pie ... )

For those who want hard facts on how the Euro is doing, look here

http://www.xe.com/currencycharts/?from=EUR&to=XDR&view=1W

From a value of 0.86744 SDR on 16th when the trend line was up it has dropped and after some wobbling is now running at about 0.86084.

Really? Those daily fluctuations are something new? Or indicative of the exact same daily fluctuations the euro had last week? And the week before? Where is the crash if you go from 0.86 to 0.86?

[cyprusgrump]

It's a battle between the EU and Russia for Cypriot assets.

Euro holding strong.

(USA already has a finger in the pie ... )

For those who want hard facts on how the Euro is doing, look here

http://www.xe.com/currencycharts/?from=EUR&to=XDR&view=1W

From a value of 0.86744 SDR on 16th when the trend line was up it has dropped and after some wobbling is now running at about 0.86084.

Really? Those daily fluctuations are something new? Or indicative of the exact same daily fluctuations the euro had last week? And the week before? Where is the crash if you go from 0.86 to 0.86?

"There is a difference between stability and nothing happening. FX markets are showing the latter" - Bob Savage at FX Concepts

[supporttheunderdog]

It's a battle between the EU and Russia for Cypriot assets.

Euro holding strong.

(USA already has a finger in the pie ... )

For those who want hard facts on how the Euro is doing, look here

http://www.xe.com/currencycharts/?from=EUR&to=XDR&view=1W

From a value of 0.86744 SDR on 16th when the trend line was up it has dropped and after some wobbling is now running at about 0.86084.

Really? Those daily fluctuations are something new? Or indicative of the exact same daily fluctuations the euro had last week? And the week before? Where is the crash if you go from 0.86 to 0.86?

I have simply provided a link so that people can see for themselves what the Euro is doing.
However if you want to debate the past and the trends on 8th feb the Euro peaked at 0.88544 then dropped to 0.86115 on 1st March: since then it had showa rising trend to 0.88071 on 8th March, at 11.00 before falling back to .86339 on 8th at 15.00. From then there had a been rising trend to a point of 0.86928 until the announcement over the weekend. Then it fell to 0.85483. It is now at 0.86130 or so. Those are facts. By any stretch it has lost value.

[bill cobbett]

It's a battle between the EU and Russia for Cypriot assets.

Euro holding strong.

(USA already has a finger in the pie ... )

For those who want hard facts on how the Euro is doing, look here

http://www.xe.com/currencycharts/?from=EUR&to=XDR&view=1W

From a value of 0.86744 SDR on 16th when the trend line was up it has dropped and after some wobbling is now running at about 0.86084.

Really? Those daily fluctuations are something new? Or indicative of the exact same daily fluctuations the euro had last week? And the week before? Where is the crash if you go from 0.86 to 0.86?

I have simply provided a link so that people can see for themselves what the Euro is doing.
However if you want to debate the past and the trends on 8th feb the Euro peaked at 0.88544 then dropped to 0.86115 on 1st March: since then it had showa rising trend to 0.88071 on 8th March, at 11.00 before falling back to .86339 on 8th at 15.00. From then there had a been rising trend to a point of 0.86928 until the announcement over the weekend. Then it fell to 0.85483. It is now at 0.86130 or so. Those are facts. By any stretch it has lost value.

Yes, but given the depth of all the doom and gloom... what's it lost on those figures...??? 3% max ...??? Hardly the end of the World.

[supporttheunderdog]

0,85796 about 15 minutes ago and wobbling well -

[kurupetos]

the amount is not the issue - it is the principle of the thing where up to now bank bailouts have not involved the retail customers. ie depositors and savers. it has sent jitters through the whole world since no no one's money in an EU bank is now thought safe from some risk of seizure, even if the bank where you have your money is in fact soundly run and does not need a bail-out.

I wonder who is pulling the strings in the EU/Eurogroup? That French woman with the curved nose reminds me of those 'chosen' people...

[supporttheunderdog]

0,85796 about 15 minutes ago and wobbling well -

up to 0.85988 but wobbling....