As you know that the rate went on to 1.3600 around. It is really very bad for Europe. The main problem which is seen on is Greece and Portugal. Some of them say that Greece must be out of Euro and back to Drahmi.
In Greece, the goverment of this republic made some decision about their economic problem. In a short and a long time, it is useful for their situation. Greece can not be a problem for European Community. And also it is shown that Greece and Portugal have problems, all EU communities have the same problems. That is not true.
After the decision, the rate went on to 1.3780 around. That is a good movement for Euro. I think on some days the rate can be around between 1.3740 and 1.3879. You can make 3 times flip-flop. Around you can easily make 60 pips on every position.
Stay on the news again and do not open big positions on EURUSD. Also look for the developments in Asia. Asia can be harmful for every position. I highly recommend you to follow us.
Tue
9
Feb
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Tuesday, February 9th, 2010 at 10:21 pm
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