EUR

Euro has been reacting everytime one of the many european and national politicians opens their mouth and mentions "greece"for several weeks now.Greece is actually in the international scheme of things pretty small,the euro is a risk/growth currency and with the indians raising rates to fight food inflation,the chinese hopefully soon to do something similar to combat wild property speculation in certain provinces,let alone double figure rises in wages "21%rise in minimum wage in guangdong province" growth and risk is in for a pullback. So goes the euro,pre-election pound,and probably the aussie,europe itself is in a mess and there is a whole list of asian countries ex japan who are ready to start tightening less they repeat the lessons learned painfully from the west.There could be a little short covering on the way down but theres only one dierection.

if brakes 1.3560 .....1.3770 otherwise 1.3288

Greece, and other countries & companies with high debt, need to get one of these:
http://i244.photobucket.com/albums/gg10/tonyevans1/Zin100Tnote.jpg

.....even Lehman would still be operational



b.

who would long euro now? i reckon now is the best opportunity to buy when everyone else reckons euro is gonna crash. reverse crowd pyschology

Hi Folks !

Will open EUR/USD long position around 1.3540 region.

Regards

Bernhard