Euro strength currently comes from the simple fact that Specs, went big time short, before the interest decision.
So now they are booked for a Banksters squeeze! Until where? Hard to say.
GVI Forex Jay Meisler 19:30:41 GMT - 06/12/2014
I can answer that
EUR strength comes from its role as the anti dollar in the global reserve mix
Otherwise it would be 1.15-1.20
Livingston nh 19:28:37 GMT - 06/12/2014
sja - could you outline the EUR strengths ?
bali sja 18:44:55 GMT - 06/12/2014
yawn, now they are talking defensive usd blah
dont worry soon 1.35xxx is history and that famous 'wished, could've, should've' thing comes to many minds
meanwhile it is still not too late for the plan 1.35-1.36, cherrioosss
dont worry about all those geopolitical stuffs, it is soccer party time dudes, cease fire and watch the world cup!
Livingston nh 16:28:46 GMT - 06/12/2014
I suggest Turkey is a Big Deal in this "new" ME problem -- TRY trade
GVI Forex Jay Meisler 16:16:52 GMT - 06/12/2014
red, or focus stays on the "50" level, a level which will ultimately determine whether the invisible hand has protected 1.35. Iraq has added a new element of risk to a market that has been crisis free for the 2nd year.
london red 15:55:56 GMT - 06/12/2014
anything below 50 probably means this little stop run has come to an end and focus back on downside. 69-99 would be nice to sell but seems plenty of the same mind.
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