$1.25 anybody? Managed to miss today's drop. Damned holidays.... ;-(

EUR Plunges In Thin Market, Below 1.3000

Euro-USD 1.25 anybody?

Europe's Central Bankers Blind to Imminent Disaster

IF Germany had insisted that the rules for joining the euro in the first place we wouldn't have the current mess. Countries that didn't have the 3% figure should have achieved it before entry not just fiddling their figures to get in. Thankfully, ...

The day Europe lost patience with Britain

This is a reason not to break up the flawed Euro project? I think not. There was a rumour that Eire was already printing Punts again...

Creating Post-Euro Currencies Would Take "Minimum" One Year

Thanks Chris missed that quote. Most apt.

UK left out of EU crisis accord

Remember the old joke - "Fog in the Channel continent isolated"? Wonder if MerKosy have really succeeded? A lot more hard bargaining to see this "agreement/treaty" moving forward. Still don't like the idea of any country being ruled by the pen ...

UK isolated as Europe moves ahead on fiscal union

De Gaulle would have loved this. Brits shafted by the Frogs again... As I mentioned a post or three ago the "MerKosy" Euro anthem will be "If I(we) ruled the world" - "Ode to Joy" RIP.

UK left out of EU crisis accord

Hope David has borrowed Lady T's handbag. He's going to need it. To be ruled by Brussels unelected bureaucrats is none on. We still get to elect our politicians in individual parliaments and can, to a point, hold them to account. That cannot be done ...

Juncker tells Britain not to spoil euro summit deal

Not a pleasant thought for an aging Brit but have to wonder if severe pain now would be better all round in the long run.

How a Break-Up of the Euro Zone Could Crush the UK

Again?

Make or Break for the EUR this Week?

George Orwell would have loved this story. If you have read 1984....

Get ready for the supercomputer that can predict the future

I'm sure that this is not an original thought but is Mrs Merkel and her chum Nick rehearsing with the Brussels bureaucrats' choir in numerous languages "If I (we) ruled he world" Frightening thought that European countries will have their budgets ...

Fiskalunion is worst of all worlds for Europe

Seem to remember a parable about building houses on sand etc... IF, all those years ago, the qualifications for joining the Euro had been adhered to I rather doubt we'd be in this parlous state now. I think Maastrict (sp?) required no more than 3% ...

Merkel urges EU fiscal union to tackle eurozone crisis

Not convinced. Still doubt the Germans will shell out yet more cash down this black hole.

Sources: EU ministers agree coordinated scheme for bank guarantees, reject joint debt...

Perhaps it's time to hang up my FOREX boots if the markets move like this for no reason.

EURUSD Soars On No News: ECB Now Intervening In FX?

Hope David's got his handbag and Lady T on speed dial. Looks like he'll need it with his chat with Angela... ;-(

Germany's secret plans to derail a British referendum on the EU

Time for a fresh "handbagging" of interfering Brussels unelected bureaucrats. This tax wouldn't affect Paris or Frankfurt (sp?) so Chancellor tell them where to go...

City of London Warns Osborne On Tobin Tax

That should be good news but the £$ doesn't think so. Most strange.

UK Trade August 2011

So everybody's happy now??? Loads more cash down the drain?? Can only hope the German populace will put up with this. Tread carefully Mrs Merkel. (Apologies is that's misspelled)

523 German MPs back more powers for EFSF, 85 against, 3 abstentions

Still don't believe that PIIGS can fly. Be good to be proved wrong. Long time before I'll go long in Euros.

Greek parliament passes crucial new property tax bill to get next international rescue loan