No that's not what I meant, Markets still consider it a risk currency. What I'm saying is that if the EUR falls a lot the AUD might not fall as much. The Aust Economy isn't in bad shape, unemployment is around 5% and unless Europe implodes there is ...

Australia business conditions weakest in three years

Don't discount the AUD just yet. Housing construction has weakened but the federal government plus all state governments have planned many infrastructure projects and those projects in addition to the expansion of the energy and mining sectors ...

Australia business conditions weakest in three years

They're right, no banker has gone to jail for taking risks but on the other hand, if the banks close down people will lose their money. Unless Of Course they all take it out of the banks and move it to Germany or Switzerland as they seem to be ...

Spain reaction: 'This is a rescue for the rich. The poor will only get poorer'

The problem is fear, why would pension funds, insurers etc invest their money in bonds when they are the first ones to suffer from a haircut? At the same time the ECB is making money at their member country expense....

Spain 10 Year was at 6.02 and now it is at 6.12

Hi Guest 34.110 It makes sense now that I think about it....... Maybe Greece had to be sacrificed so that the EZ are forced to take the next step and create USE

Europe's democracies must not subcontract their destiny to the Bundebank

Have they run out of funds already? Let's start the printing press

Italy in focus amid fears of contagion

hey they should all ask for collateral, The keys to waterfront villas would be nice

Finland to demand collateral should Spain aid come from EFSF

Traderusa, It is special treatment but they do it because they have no choice. It looks like they don't want to repeat the mistake they made with Greece where they killed the Greek economy. And Spain is a large economy, it is already struggling and ...

Greek Left Seeks to Exploit Spain Bailout

How long will it take for the ratings agencies to downgrade the credit rating of the countries guaranteeing the loan?

Europe still at grave risk despite billions for Spain

IMO there is a lot of truth in this article

Europe's democracies must not subcontract their destiny to the Bundebank

tnks

RBA Statement

TraderUSA It will never be enough When you are cutting down on expenditure your economy shrinks and as you know market sentiment is now bad so people have stopped spending and therefore things in the EU are likely to get worse.....

Eurozone agrees to lend Spain up to 100 billion euros

No, not in jail yet but their time will come....

Eurozone agrees to lend Spain up to 100 billion euros

That's nice What timeframes do you trade?

RBA Statement

mima don't u have anything else to say?

As European FinMins Discuss Giving Spain €100 Billion, Spain Has Yet To Request A Bailout

was it stop hunting perhaps?...

Spain to request EU bank aid on Saturday-sources

Ever E.Man I like your posts

Nein! Nein! Nein! Again

I like the last paragraph

10 Things A Trader Needs to Give Up if They Want to Make Money

He has to keep their firing power for later when the worst comes

Gold Slides Below 1600 After Bernanke Holds off Stimulus

Nice spike.... Last time I checked there were more short positions than long so many people would have been trapped in short positions or their SL's would have triggered

Australia Labour Force - May 2012