-
Where is the euro correcting lower to?
The euro is coming off its highs – figuratively and literally – as the single currency saw a sharp sell-off during the Tuesday trading session. The strong Italian and Spanish bond auctions have continued as the EUR/USD trades well above the 1.2000 major psychological level. The problem is that the continued strength above 1.3200-1.2400 poses a problem. One that the ECB has to reel in… The increased exchange rate for the euro has become the new headline that is driving the single currency lower and it’s a real threat. Europe cannot have a surging currency AND keep exports competitive (think: Germany). The Fed ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jan 15, 2013 4:41pm Jan 15, 2013 4:41pm
- Guest
- | IP XX.XX.249.223
- Comment #2
- Quote
- Jan 15, 2013 5:23pm Jan 15, 2013 5:23pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #3
- Quote
- Jan 15, 2013 5:50pm Jan 15, 2013 5:50pm
- NuNix
- Joined May 2012 | Status: Thank you Graeme | 38 Comments
Dangdut is a music of my country
- Comment #4
- Quote
- Jan 15, 2013 5:56pm Jan 15, 2013 5:56pm
- Doc_
- | Joined Jan 2013 | Status: Member | 6 Comments
- Comment #5
- Quote
- Jan 15, 2013 7:29pm Jan 15, 2013 7:29pm
- Trainman
- | Joined Mar 2012 | Status: Member | 263 Comments
Sure I have a trading plan. Buy low. Sell high. What's yours?
- Comment #6
- Quote
- Jan 15, 2013 9:24pm Jan 15, 2013 9:24pm
- Deano9999
- Joined Jan 2012 | Status: Member | 609 Comments
- Comment #7
- Quote
- Edited 2:08pm Jan 16, 2013 2:01pm | Edited 2:08pm
- Mr D.
- | Joined Jul 2009 | Status: Member | 50 Comments
Jesus my Lord