Blog/Euro €

Clarifying the Euro

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. [...]

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The Euro & the Press

Typical. The European press is claiming that the euro decline is over, and a Greece default will not harm Europe. This seems to be the standard propaganda from [...]

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The Reaction in the Euro

The reaction rally in the Euro appears to be on schedule. The March low at 10458 held during April, so at the very least that implies a 2-3 month reaction rally. [...]

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