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Injection of Liquidity
What does this mean for the Euro- plummeting on the news. Support for the US$?
Original way of providing support- maybe the US has had enough of the falling $.
Antone know what this means- I have never come across something like this: Appears they have created a tunnel of liquidity between Europe and US so more Euros travelling to the US- 28 billion $s. Not much to move the FX market but enough to get one thinking that the Euro train is limited and may be capping ST around here.
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Keep in mind that neither success nor failure is ever final. --Roger Babson (1875-1967)
YTD +5%
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