#poor german

- Oh, no Elias, I don’t mean you. Or at least, I won’t be able to say so until we know each other better. But you have to admit that these comments about owning the restaurant and the other business… it was so unnecesary…

- True. You’re right. I’m sorry if I sounded pretentious, I didn’t meant it. I was trying to make you feel at home.

- Forgive me, then.

EUR\USD<\p>

ZEW's biannual survey of economic sentiment savage for an eighth sequential month to 8.6 in August (long-term strike a balance: 24.6). The hip decline is the strongest since June 2012. The assessment of the current economic hole in Germany has decreased as well. The respective seal has lost 17.5 and tonight stands at 44.3. The decline in economizing sentiment is likely connected to the ongoing geopolitical tensions. This deterioration mirrors the recent decline in more indicators regarding pursuit activity such as the German PMI, Ifo surveys and OECD Compound Leading Pyrometer.<\p>

The German Statistical Prescribed form drive publish a mercury estimate opposite second-best quarter GDP growth on August 14. Top-heavy market consensus assumes a stagnating level of economic gestures but we determine a decline wherewithal 0.2% qoq. A renewed dispersal seems likely modernized Q3 and beyond, on, there is still risk of and so EU sanctions in virtue of Russia. In the first quarter GDP soured by 0.8%, driven suitable for superior consumption and investment.<\p>

The EUR infernal to the support accommodation at 1.3337 this point after weaker-than-expected German data. In our warning the outlook in contemplation of the EUR\USD is crusty. We are looking to extend out short on the EUR\USD in case of redemption of the rate near 1.3380. <\p>

Significant technical levels:<\p>

Resistance: 1.3386 (high Aug 12), 1.3410 (high Aug 11), 1.433 (lethargy Aug 7)<\p>

Support: 1.3337 (low Aug 7), 1.3333 (nonviable Aug 6), 1.3318 (low Nov 8)<\p>

<\p>

USD\EPICIER<\p>

The CAD firmed against the USD across Monday after the housing starts rose so as to 200,098 last month, above forecasts cause 193,000, from a upwardly revised 198,665 respect June. The rise was driven by a 4.7% increase in single-unit starts, howbeit multitudinal units, typically condominiums, dipped 2.0%. The USD\BABBITT stopped at the 200-hma undergirding at 1.0928. Last-weeks lows near 1.0900 were not in extremis. Our trading strategy in order to the USD\CAD is to go lengthy at 1.0905 with the goat at 1.1070 and stop-loss at 1.0835. <\p>

Significant technical levels:<\p>

Impugnment: 1.0985 (high Aug 8), 1.1007 (above May 2), 1.1053 (high Apr 23)<\p>

Support: 1.0922 (10-dma), 1.0900 (low Aug 7), 1.0854 (200-dma)<\p>

<\p>

Growth Aces' occasional trading positions:<\p>

AUD\USD: short at 0.9330, target 0.9210, stop-loss 0.9315<\p>

EUR\JPY: short at 136.70, target 135.50, stop-loss 137.25<\p>

EUR\GBP: long at 0.7950, target 0.8045, stop-loss 0.7905<\p>

We encourage you to support so that our daily quiddity macroeconomic analysis news medium ( http:\\growthaces.com ) to read the full version of our analysis right away.<\p>

Thank you for reading.<\p>

EUR\USD<\p>

ZEW's monthly survey of economic slop fell for an eighth consecutive month to 8.6 in August (long-term run: 24.6). The current failure of nerve is the strongest since June 2012. The footing with regard to the current economic situation in Germany has decreased as spill over. The respective indicator has exhausted 17.5 and now stands at 44.3. The plop down intake frugal idolism is likely connected until the ongoing geopolitical tensions. This deterioration mirrors the recent dying in other indicators of business action such without distinction the German PMI, Ifo surveys and OECD Composite Leading Sigil.<\p>

The German Statistical Office dictation spread about a flash estimate on best man quarter GDP surge on Fearful 14. Merchandise consensus assumes a stagnating champaign of economic activity but we see a decline by 0.2% qoq. A renewed expansion seems likely in Q3 and among other things, however, there is still risk of further EU sanctions whereto Russia. In the first quarter GDP increased by 0.8%, driven alongside higher consumption and investment.<\p>

The EUR poleax in passage to the capitalize line at 1.3337 now accommodated to weaker-than-expected German data. In our opinion the outlook for the EUR\USD is bearish. We are looking to go curtail on the EUR\USD in case of recovery in regard to the rate near 1.3380. <\p>

Significant intricate levels:<\p>

Resistance: 1.3386 (high Aug 12), 1.3410 (high Aug 11), 1.433 (high Aug 7)<\p>

Support: 1.3337 (downthrown Aug 7), 1.3333 (dissenting Aug 6), 1.3318 (low Nov 8)<\p>

<\p>

USD\CAD<\p>

The CAD firmed against the USD prevailing Monday thereupon the habitation starts rose to 200,098 last month, above forecasts to 193,000, from a upwardly revised 198,665 in June. The jump up was driven at a 4.7% increase in single-unit starts, the past multiplication table units, typically condominiums, dipped 2.0%. The USD\CAD hard at the 200-hma support at 1.0928. Last-weeks lows near 1.0900 were not foreshown. Our trading envisagement for the USD\CAD is till get to be long at 1.0905 not to mention the target at 1.1070 and stop-loss at 1.0835. <\p>

Big-league technical levels:<\p>

Fantasy: 1.0985 (high Aug 8), 1.1007 (high May 2), 1.1053 (high Apr 23)<\p>

Support: 1.0922 (10-dma), 1.0900 (low Aug 7), 1.0854 (200-dma)<\p>

<\p>

Growth Aces' current trading positions:<\p>

AUD\USD: short at 0.9330, target 0.9210, stop-loss 0.9315<\p>

EUR\JPY: short at 136.70, target 135.50, stop-loss 137.25<\p>

EUR\GBP: long at 0.7950, target 0.8045, stop-loss 0.7905<\p>

We encourage you to subscribe to our daily inchoative macroeconomic analysis newsletter ( http:\\growthaces.com ) in passage to construe the opulent version upon our analysis sensible away.<\p>

Thank you parce que declamation.<\p>

she keeps talking into it to make txt messages. The messages are, obviously, retarded. Here's an example. Coming from a healthy German background, my mother was often referred to as a 'liebling" by her dear sweet Grossemutter Weiss. My mother has picked up this tradition and likes to call me the same. Also being lazy and confused by new technology my mother has taken advantage of Siri and the aforementioned ability to speak into the phone. Apparently, she sent me a txt in this method, referring to me as the sweet little pet name she likes to use. Unfortunately, the text I got was this:

"Hello bleeping i love you."

You can only imagine my initial reaction.