Day about to start for currencies with ADP.
Massive cuts plan announced in Portugal and bonds reacted making a turn down aiming to match Ireland on the multi level bonds in the EZ: The Good (Germany et al), the Bad (Italy, Spain), the Ugly (Ireland, Portugal) and the Useless (Greece).
EU/EZ countries miles ahead of the US in terms of reforms and budget cuts in plans but as far as the US in actual implementation (except the UK that actually is already doing something)....Good for the long run but useless in the current short term debt fears...
US in full control this week, lets see what the fireworks pre NFP brings to the table with Gold as benchmark of risk ready for a new push up intraday....
GL all trading news...
sisse
Massive cuts plan announced in Portugal and bonds reacted making a turn down aiming to match Ireland on the multi level bonds in the EZ: The Good (Germany et al), the Bad (Italy, Spain), the Ugly (Ireland, Portugal) and the Useless (Greece).
EU/EZ countries miles ahead of the US in terms of reforms and budget cuts in plans but as far as the US in actual implementation (except the UK that actually is already doing something)....Good for the long run but useless in the current short term debt fears...
US in full control this week, lets see what the fireworks pre NFP brings to the table with Gold as benchmark of risk ready for a new push up intraday....
GL all trading news...
sisse
Pending conversations? PM for a chat...I am mainly in OTM now
