eurcuck measures to fight covid crisis compared to US ones

[Anonymous No.18406088]

What effect they will have on Eur/Usd when markets open?

[Anonymous No.18406131]

>>18406088
Bump

[Anonymous No.18406143]

It hasn't been priced in yet, because they made the announcements at markets closing.

[Anonymous No.18406146]

>>18406088
EUR/USD will be rising until EOY most likely, since the burgers are getting rekt by Corona-chan while the eurocucks seem to have reacted well with some exceptions like Italy and Spain.

[Anonymous No.18406240]

>>18406146
>hahahahahahahaah
I'm talking about the economic meausures, eurocuckland reacted slow and weak, money didn't go brrrrrrrrrrrrrrr.

[Anonymous No.18406283]

>>>/pol/

[Anonymous No.18406339]

>>18406283
>EUR/USD
>FOREX TRADING
>HOW ECONOMICAL MEASURES COMPARED WILL AFFECT THE PAIR
idgaf about politics, mmk?

[Anonymous No.18406927]

bump, is it possible that biz hasn't any views on this?

[Anonymous No.18407230]

bump for a good reason

[Anonymous No.18407455]

>>18406088
probably not much impact on the currency but...

[Anonymous No.18407577]

>>18406088
EUR/USD should be inversely correlated to volatility, now that the interest rates on both currencies are near zero.

[Anonymous No.18407593]

>>18406088
Even after printing trillions of dollars, the greenback is still viewed as safer than any other world currency. Really makes me think

[Anonymous No.18407619]

>>18407593
Its because everyone has just printed their currency to oblivion as well. And if there are worthy economic powers that didn't, well now you know what to trade USD against.

[Anonymous No.18407654]

>>18407619
Yeah that’s kind of my point. Competitive devaluation of all currencies is the status quo, so why would the Wuflu change anything?

[Anonymous No.18407697]

>>18407593
Eur/Usd measures the strenght of the economies, forget about the hyperinflation and the weimar meme.
Companies failing, recession and liquidity crisis are far worse than printers doing some brrrrrrrrrrr.

Here's why i'm curious to see how the slow and weak Eu response (we'll not do brrrrr to support the economies but just to buy some stonks) will be priced in by the markets.

[Anonymous No.18407786]

>>18407697
I get what you’re saying and I’m curious as well. My best guess is that there’ll be insatiable demand for USD as long as this “crisis” persists, then maybe the euro will catch a bid. I sort of doubt it though: Europe is fucked. An aging population desperate to shore up its tax base by importing millions of economic refugees hardly reeks of good health (and yes I know the US does the same thing with Mexicans).

[Anonymous No.18407849]

>>18407786
I guess that the markets will evaluate just the response to crisis, that in my opinion is very poor, this will impact indexes as well as (i hope) currencies, because i want to short that eur shitcoin like hell

[Anonymous No.18407880]

>>18406088
>when markets reopen
>when
making a lot of assumptions here buddy

[Anonymous No.18407885]

>>18407849
If I knew the answers I’d be rich. Honestly I’d say look at hard assets like PMs and maybe real estate as hedges inasmuch as hyperinflation seems like a very real possibility. Europe will BRRrR just like everyone else.

[Anonymous No.18407927]

>>18407885
they said they won't brrrr to support real economy, and each state is on its own, here's the funny part

>>18407880
monday

[Anonymous No.18409190]

>>18406088
bump

[Anonymous No.18409590]

>>18407927
>they said they won't brrrr to support real economy, and each state is on its own, here's the funny part
no brrrrr but +10/15% of public debt which is essentially the same thing

[Anonymous No.18409603]

>>18409590
Mmm no, they won't make eurobonds, what debt are you talking about?

[Anonymous No.18409764]

>>18407654
If you believe what you say out your money where your mouth is and buy gold.

[Anonymous No.18409778]

>>18409603
national public debt
anyway, eurobond or not doesn't matter
ecb will monetize national public debts or eurozone will go bust, it means debt cancellation is coming

[Anonymous No.18409849]

>>18409778
That's exactly what i mean, national public debt is enough in low public debt countries and not enough in higher public debt countries.
It's like if Jew York brrrrs more than louisiana because it's more wealthy, believing it will have a gain in louisiana getting into troubles.
Overall brrrrrr in europe, despite this, will be fair lower than the US response.

I wonder how the markets will react to this, but i guess that they will react bad, because these measures will get eu economy weaker, and in the worst case scenario bring to other exits

[Anonymous No.18409957]

>>18409849
>I wonder how the markets will react to this, but i guess that they will react bad, because these measures will get eu economy weaker
you are very correct indeed, we also have to keep in mind that eu response is getting slow as fuck, so it might be even worse

[Anonymous No.18409986]

>>18409957
Yes, i never trade direct news tough, i will wait and then short like hell

[Anonymous No.18410022]

>>18406088
Forex usually ranges in sets of 2 impulsive waves and the pair has not broken down into a significant new low for 5 years despite the rally in US equities. I'd say there'll be 2 waves to the upside, regardless of the magnitude. Nobody expects it, and that's why it will happen. Gold has broken it's top against almost any currency but USD. It will eventually do and that might trigger the forex rebalance.

[Anonymous No.18410135]

>>18410022
>Nobody expects it, and that's why it will happen.
I think nobody expects it because eurozone is crumbling, not because of Elliot waves or other TA memes
Also, forex should be traded looking at fundamentals on the medium term (2/3 months), this meme lines are starting from 94'...
forex is boring btw, unless you go for crazy leverages (which I don't like)...
now I only trade crypto, volatile enough to avoid leverages

[Anonymous No.18410525]

>>18410135
>>forex should be traded looking at fundamentals on the medium term (2/3 months)

then explain why the lows from '15 are still unbreached despite the biggest rally in US equities of all time and the biggest crab in EU equities of all time. I can't. For me chart is king, not fundamentals.

[Anonymous No.18410569]

>>18410525
Chart is king for me too, but somehow FA has to be considered because it can lead to major adjustments.
No one could believe that eur/usd is going below 1:1, but actual fundamentals tell me that this is possible.

[Anonymous No.18410735]

https://www.consilium.europa.eu/en/press/press-releases/2020/04/09/report-on-the-comprehensive-economic-policy-response-to-the-covid-19-pandemic/

the agreement is basically 'mind your own business', the stimulus package is tiny and the eurobonds aren't going to be coming
they probably realised that the lockdown was a colossal fuckup and Italy started it all by spreading panic so fuck you Italy deal with your own mess and go bankrupt

[Anonymous No.18410892]

>>18410735
this is very wise and good for eu economy, you know