Hi Folks,
The market is just a machine that processes orders. Just like your local "Fast Food" venue, "Next order please"
As FTi says follow the ladies with the long legs.
This little snippet if its true should keep a lid on the Euro
The only question we have is whether or not the euro goes to par quickly on some type of Eurozone crisis, or just grinds lower and lower in the months ahead. Either way, we want to remain positioned short the euro against the dollar and ride this move for all its worth. This research piece lays out the key reasons why we are confident in that view.
The PIIGS are collectively sitting on a whopping $2,946 billion (€ 2,166.6 billion) of short-term external debt; and a colossal $8,152 billion (€ 5,994.2 billion) of the long-term variety.
Regards,
BabeFX
The market is just a machine that processes orders. Just like your local "Fast Food" venue, "Next order please"
As FTi says follow the ladies with the long legs.
This little snippet if its true should keep a lid on the Euro
The only question we have is whether or not the euro goes to par quickly on some type of Eurozone crisis, or just grinds lower and lower in the months ahead. Either way, we want to remain positioned short the euro against the dollar and ride this move for all its worth. This research piece lays out the key reasons why we are confident in that view.
The PIIGS are collectively sitting on a whopping $2,946 billion (€ 2,166.6 billion) of short-term external debt; and a colossal $8,152 billion (€ 5,994.2 billion) of the long-term variety.
Regards,
BabeFX