There is always a price for promises you don't keep!
-
Weekly preview - Buy the Euro back, then sell aggressively
The stakes have suddenly become much higher as the Lehman moment arrives for Europe and only a political shift will help resolve the solvency crisis. Central banks will provide market balm as they look to boost liquidity and the ECB is set to cut interest rates while the Fed may hint at more action. There is also a much higher probability that Germany will finally cave-in and provide a long-term roadmap for Euro-zone salvation. The initial reaction would be a strong rally in risk appetite and the Euro. The Euro, however, would quickly be subjected to very heavy selling and a move towards parity against the dollar as ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jun 3, 2012 4:12pm Jun 3, 2012 4:12pm
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
- Comment #2
- Quote
- Jun 3, 2012 4:30pm Jun 3, 2012 4:30pm
- lumesh
- | Joined Apr 2007 | Status: Member | 285 Comments
- Comment #3
- Quote
- Jun 3, 2012 4:41pm Jun 3, 2012 4:41pm
- TraderUSA
- | Joined Aug 2011 | Status: Member | 809 Comments
- Comment #4
- Quote
- Jun 3, 2012 4:42pm Jun 3, 2012 4:42pm
- sidhujag
- Joined Apr 2009 | Status: Non-Member | 930 Comments
- Comment #5
- Quote
- Jun 3, 2012 5:10pm Jun 3, 2012 5:10pm
- MBD Formula
- | Joined May 2012 | Status: Member | 10 Comments
- Comment #6
- Quote
- Jun 3, 2012 5:42pm Jun 3, 2012 5:42pm
- moaf
- | Joined Jan 2012 | Status: Mother Of All Forex | 910 Comments
- Comment #7
- Quote
- Jun 3, 2012 5:51pm Jun 3, 2012 5:51pm
- Dr. forex
- | Joined May 2011 | Status: Member | 697 Comments
- Comment #8
- Quote
- Jun 3, 2012 6:02pm Jun 3, 2012 6:02pm
- fxsport
- Joined Jul 2007 | Status: Member | 2661 Comments
...because you never know - until you do!
- Comment #9
- Quote
- Jun 3, 2012 7:00pm Jun 3, 2012 7:00pm
- ttolman
- | Joined Nov 2010 | Status: Member | 58 Comments
pipdaddy
- Comment #10
- Quote
- Jun 4, 2012 7:24am Jun 4, 2012 7:24am
- hajeed
- | Joined Nov 2009 | Status: Member | 176 Comments