Do not know, but have the following in mind:
Ireland seems to take help of EU (and IMF?).
That is a good news for EU, cause it has proven, that after Greece it is able to help fast under predefined rules. A greece-like collapse is not a threat any longer.
EU hast moved up strongly this morning.
If US unemployment claims are worse then expected, we should see a strong move up again. Better than expected will show a short pulse down, but will be ignored mostly, cause we are in EURO Bull mood now.
So till the end of day we should see some more up. The target depends on the news....
the only topic that could turn to USD bull mood again, if Greece does not get the next tranche of EU/IMF bailout package, because Greece does not fullfil all conditions that are preconditions for the next money flow ...
Just some thoughts.
Depsite the fact, that I like to strategise a little as above, I'm dancing only the real exsisting PA ...
Ireland seems to take help of EU (and IMF?).
That is a good news for EU, cause it has proven, that after Greece it is able to help fast under predefined rules. A greece-like collapse is not a threat any longer.
EU hast moved up strongly this morning.
If US unemployment claims are worse then expected, we should see a strong move up again. Better than expected will show a short pulse down, but will be ignored mostly, cause we are in EURO Bull mood now.
So till the end of day we should see some more up. The target depends on the news....
the only topic that could turn to USD bull mood again, if Greece does not get the next tranche of EU/IMF bailout package, because Greece does not fullfil all conditions that are preconditions for the next money flow ...
Just some thoughts.
Depsite the fact, that I like to strategise a little as above, I'm dancing only the real exsisting PA ...