Ubs & Barclays in huge trouble shorting euro

Discussion in 'Forex' started by apitrader, Dec 21, 2008.

  1. We could see a volkswagen squeeze for eur/usd to break above 1.5 again this week on low liquidity.
  2. Is there something in particular you would like to post that backs up your claim (such as a link verifying this allegation)? Or is this just another "hey everybody, I know something you don't know" thread?
  3. It's more of a, I'm long Euro and praying for a rally type thead.
  4. simple put: with such a move, i pay respect.
    market will take care of itself and i do believe 1.5 is very doable.
    ubs & barclays are _surprised_ by the move, so they were long?!?!
  5. LOL! Guess we'll never know...