DislikedThis is what make it a one hell of Dillamma. Mario yesterday said that Cheaper Euro will help the EU to recover from this crisis. But at the same conference he says , don't short the Eu , it will reach 1.30 ! i really wonder did he mean that Cheap euro is around 1.30 ?
Really wonderingIgnored
Right now its just banks buying bonds in expectation of EFSF purchases later on, plus a lot of people are probably short from the Draghi disappointment yesterday, so it lead to a lot of short coverings.