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- forex_J replied Jul 24, 2012
I think the interest rate cut along with Spain and Greece issues pretty much killed Euro. I don't expect it to bounce over 500 pips unless something significant comes out. It will continue to go down with a couple of minor retrace (150-200pips at ...
EURUSD
- forex_J replied Jul 22, 2012
Don't also forget the LIBOR scandal. Depending on how it turns out maybe within a year we may see all EUR, GBP, AUD below parity!
EURUSD
- forex_J replied Jul 22, 2012
To reach the 1.30 level, there must be some serious buyers besides short cover but I don't see anyone buy Euro at this moment especially after 7/5. Even China gave up and SNB are exchaning Eur to USD, AUD, GBP, or whatever after intervene to sustain ...
EURUSD
- forex_J replied Jul 22, 2012
It looks like we have a few interesting news regarding Spaing and Greece. I won't be surprised if Wellington starts around 1.19 aready!
EURUSD