DislikedI got my trades in so I have a few mins to talk about what happened today a bit more here.
Fist of the Chinese lowered their RRR, that means there is an increase of money supply to promote growth, that was directly seen in the increase of WTI and Gold on the anticipated increase demand in both. That in turn carried through the commodity currencies as I explained hours ago here on the thread.Ignored
As you mentioned Euro crisis is unlikely to fade and this move may not continue for the longer term, do you still believe any chance for EU back up to 3800-4000 area could be a good opportunity to short for mid-term and long-term?