As a Forex trader you have to be both blind and death not to hear about the troubles brewing in Europe and the free-fall the Euro is in. Just in case you’re not aware of how far the European currency has fallen, it is edging ever closer to the 1.2400 EUR/USD mark (currently trading at [...]
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While the Euro had a good three day run vs. the Dollar and the majority of other currencies, elation over the EU’s 1 Trillion Dollar bailout package seems to have ebbed. The reason is that it’s quite clear that this bailout is a patch like attempt to solve the immediate debt crisis of Greece (foremost) and [...] This is indeed breaking news. In the wake of the EU announcement of a 1 TRILLION dollar package to help end the European bond crisis that began in Greece and is now threatening other nations such as Portugal and Spain, the Euro has jumped over 2% in value against the dollar and is now trading [...] This week’s major stock market drop was certainly a huge shock for everyone… … well, nearly everyone. The fact is that not everyone was surprised when this happened. Some even predicted it. In fact, Forex Mastery 2.0 creator Gary Albrecht called the DOW as a SHORT pre-market on Thursday, based on his proprietry M3 Forex Navigator software. [...] |
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