Disliked{quote} I keep seeing people calling 1.2 level. I mean, technically, maybe yes, I don't know. I am not a pro in TA. But the FA is very very prone to the down side at the moment. Especially we are not yet in June...1.2 might be in play after the actual announcement of hike...don't you think? They didn't take June off the table btw, althought market expects Sep...but I somehow feel FED is getting a bit "impatient"...if they really delay it too long, they might get manipulated by the "data"/market again. FED decides it is forward looking and the leadership...Ignored
vice versa in this case)? What countries get hurt by that? What happens in countries like that when
the governments don't keep their social contracts with the population? If you were the leadership
of such a country what would you be doing with your trillions in reserves (which are 20% Euro, most
of the rest dollars), and more importantly, how would you go about doing it?