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      EURO Crapshoot
      Submitted Mar 25, 2011      |From forexblog.oanda.com

      Figuring out the direction of the EUR has been a crap shoot this week. The market is short and the longer we stay here political rhetoric and innuendos seem to want to squeeze more of the weak shorts out of the game.

      A EUR sinking feeling
      Submitted Mar 24, 2011      |From forexblog.oanda.com

      The Euro-region is up against it and is incapable of delivering the ‘grand bargain’ that is expected to solve the peripheral sovereign financing problems at this weeks Euro summit.

      Event risk leaves EUR longs vulnerable
      Submitted Mar 23, 2011      |From forexblog.oanda.com

      Something is going to give and today’s Portuguese Austerity Bill vote may be that reason to find the politics of financing a Euro-region periphery too unsettling to justify these EUR hawkish longs. This afternoons vote may create opportunities in ...

      No reason to sell the EUR just yet
      Submitted Mar 22, 2011      |From forexblog.oanda.com

      Lack of ideas, new news and market data to focus on has the currency market well contained. Trichet had ‘nothing to add’ yesterday. The market is interpreting the ‘strong vigilance’ language as an indication that a rise in the ECB’s main policy rate ...