Btw about the coordinated bank action, which moved the euro up today - its goal was to provide dolar liquidity for banks. What does it mean ? That banks will be able to do more operations on dolar. For example buy it. This indicates, that there was a demand from the banks for US dolar. The initial reaction was that the euro-zone banks are now saved, hurray, they can trade more, and for example BUY dolar.
In my opinion, we will face dolar apretiation in next few day.
Also, as many experts say, the best moment for Greek bankruptcy is the weekend, when the markets are closed, so beware :>.
In my opinion, we will face dolar apretiation in next few day.
Also, as many experts say, the best moment for Greek bankruptcy is the weekend, when the markets are closed, so beware :>.