Thus far the news today has been sounding pretty positive, although we have seen this what feels like a hundred times, rumor/denial, so why the Euro just took a bit of a plunge and one candle specifically, I don't know, but you saw the last update.
Often major changes in the market are seen in fleeting glimpses, maybe this is one?
A close up view shows the Euro declining on a series of smaller candles and then a relatively large drop on 1 candle. As far as I know, the Greek coalition government meeting hasn't started, but the Greek population is not happy and I have seen head lines of riots as today is also a general strike by several unions.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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