http://www.earthtimes.org/articles/s...--summary.html
European Monetary Fund? maybe they talk that up for a while to keep the euro afloat. There is a battle for weakness underway. Nobody wants a strong currency now. Unless you are one of them "speculators" - then you don't care.
1.3600 +/- 150 pips could range for months unless some more shit hits the fan. My guess is that one of the other piigs will start to squeal, too loudly to ignore, before too long - and a break below 1.34 is more likely than a bounce above 1.39
European Monetary Fund? maybe they talk that up for a while to keep the euro afloat. There is a battle for weakness underway. Nobody wants a strong currency now. Unless you are one of them "speculators" - then you don't care.
1.3600 +/- 150 pips could range for months unless some more shit hits the fan. My guess is that one of the other piigs will start to squeal, too loudly to ignore, before too long - and a break below 1.34 is more likely than a bounce above 1.39
"If The Fool persists in his Folly he will become wise." - William Blake