DislikedIf anyone can say why the EUR/USD will rise on the bailout news, I would love to hear it (other than on short covering, which may have already have been done over the last couple weeks. I would love to go long and ride into the 40's+, but my gut feeling with all the others (PII(G)S) in substantially similar circumstances, is the EUR/USD pair goes lower.Ignored
List of countries by external debt/External debt (% of GDP):
Luxemburg: 4973.68%
Iceland: 998.64%
Ireland: 960.86%
Switzerland: 441.95%
United Kingdom: 365.44%
Belgium: 348.74%
Denmark: 242.30%
Austria: 233.70%
France: 227.35%
Hong Kong: 200.48%
Norway: 190.23%
Portugal: 188.63%
Germany: 185.2%
Sweden: 176.72%
Greece: 153%
Spain: 150%
http://en.wikipedia.org/wiki/List_of..._external_debt