Valeria B Bednarik's Blog – July 2012 Archive (1)

EUR/USD an interim bottom may be in place

By the beginning of the year, the euro crisis gathered all of the market attention, with Greece ready to leave the euro zone, Italy and Spain joining the club of the intolerable high yields and bailout needs, and European authorities lost without an answer. Crossing the ocean, US monthly employment readings surprise strongly up 3 months in a row, and market started screaming growth! The EUR/USD, fell as low as 1.2161 this July. However, while the EU crisis continues, at least the EU…


Added by Valeria B Bednarik on July 19, 2012 at 9:42pm — No Comments


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