go long euro, page-6

Andrew

Yep I completley agree that this bullish move to 134 and 150GPB will consolidate for a day or two and it might pay to be short though I am not expecting to make too many hundreds of pips.

We will wait to see if the buyers come back and buy EURO's. I have seen a couple negative articles on European banks in the last two days on Bloomberg with Deustche Bank in the red for a billion, not as much as the US Banks though Euroland is in difficulty with Unemployment 7.4%, more than the US. The US looks like it's catching up.