Tuesday, February 7, 2012

No News, but the Euro is hinting something is up

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.

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