Intraday Market Thoughts
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by
Nov 9, 2011 19:55
EURUSD drops 2.3%, posting its biggest daily decline since August 11, 2010. Now that Italian 10-year yields broke over 7% and the spread over their German counterpart hit 5.58%, how many days will it take before getting help, or for the austerity package to finally be passed? Greece, Ireland and Portugal were each bailed out 18 days, 15 days and 55 days after their yields hit 7% respectively. LATEST PREMIUM trades included in EURUSD, EURJPY, AUDNZD & EURGBP, Silver & Bailout/Yield Metrics. Click here for today's Premium Intermarket Insights http://ashraflaidi.com/products/sub01/access/?a=546 Non-subscrobers click here: http://ashraflaidi.com/products/sub01/access
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