|tt_danu ||Jan 26, 2011 10:56am | Post# 373024 |
it may sound crazy but I think some big funds or goverments want the EURO strong right now, it's trading against the US news which is a new thing for the EURUSD... there was a strong knot between good US news and a strong USD.
Anyone else noticed that? perhaps someone more expirienced can give an explanation?
just people making money my friend.....
a drop must have reason , and bigger the reason bigger the drop...it's the start of the year so signing export contracts are important, cashing them later means a stronger usd