Tuesday, December 15, 2009

Greece smashed the euro!..

(upd) Our brilliant (just kidding) Prime Minister spoke finaly yesterday and said nothing concrete about the greek debt and his recovery plan. As a result, today, shortly after the european markets opening, traders shorted firmly the euro against dollar. 80 easy pips in one hour time. The fundamentals guys made easy and predictable gains. I wasn't there to trade this, my mistake. In the last few days, little Greece smashed the euro by 4%, almost 600 pips..

No comments: