Quote:
Originally Posted by Guilder
Liquidity should help stabalizing the market in general. Which in turn should help the dollar. So its dollar supportive, rather than Euro negative. It also shows G-10 wont just sit on their hands, but do something about the current crisis. Maybe people are scared about forex intervention too.
We briefly touched support at 1.5330 a minute ago. Maybe some rebound first towards high 1.53's. When the dust settles we'll see how this works out longer term.
Good luck.
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looks like it is only temporary- Euro marching on upwards as it is !!!oversold!!!- never thought I would write that!
