Dislikedanyone here think maybe just maybe there's a 51% chance that today was the beginning of the domino effect of people closing their shorts on the euro? I think there's about a 51% chance that has begun todayIgnored
If things keep going this way (and, unlike the Greeks, the Spanish are actually quite capable as far as economic management goes), you could definitely be right. No one wants to be trapped short euro once big money realises the apocalypse is actually not nigh, and starts pulling out en masse.
Then again, depending on the outcome of the stress testing, there is every chance that you will be able to pick up a clifftop hacienda for the price of a Big Mac in the coming months... so who knows
When you have to shoot, shoot. Dont talk.