Yohay

EUR/USD Losing Low Support as Spanish Bailout Looks Imminent

, 06-08-2012 at 08:58 AM (518 Views)

EUR/USD continues falling and is now below low support, following the rising uncertainty about the Spanish banking system. The euro-area’s fourth largest economy could be a favorite to win another European trophy in football, but its economy is an a race to the bottom. Spain is waiting for an external report on the banks and is unwillingly making a U-turn regarding external aid. This move continues Bernanke’s refusal to hint on QE. He even said that there are “diminishing returns” on this. Will the pair erase all this week’s gains?

Here’s an update on technicals, fundamentals and what’s going on in the markets.

Read the rest of the article [B][I][URL="http://www.forexcrunch.com/eurusd-june-8-losing-low-support-as-spanish-bailout-looks-imminent/"]EUR/USD Losing Low Support as Spanish Bailout Looks Imminent[/URL][/I][/B]

Categories: Uncategorized

« Prev Main Next »

Comments

CalebGB - 06-09-2012 09:40 AM
Hi,

Profiting in Forex trading is what everybody's dreaming of but unfortunately it's tough to do so in a consistent way...........

Until today! Now there's a unique opportunity to achieve Forex Results without going through worthless and costly trading seminars, without buying expensive software, without having to wade through tons of books and charts.

Each day of the month, every month of the year, traders can earn hundreds of dollars completely automatically!

I know this sound too good to be true, but if you keep thinking this way without trying it, it's simply your loss as other Forex Day Traders are already using it on daily basis.

Yes, our system will cost you money to use, but we will save you lots more and that's not all, using our system will actually give you the opportunity to make real money from Forex!

It's amazingly simple. Just click simple buy/sell buttons whenever we tell you. You can do so when you like and as frequently as you prefer: a couple of minutes once a week? No problem! These signals are generated by real traders and analyzing Forex professionals. You don't have to do anything, just click and... That's it!

This method wasn't available to everyone, only to Pro Traders, so with no further due, we would like to represent you:

[url=http://afe3a8ljhzj25gl0zw1sqi-k79.hop.clickbank.net/]Forex Auto Money - Trade like the professionals do[/url]

Best Regards,
[url=http://afe3a8ljhzj25gl0zw1sqi-k79.hop.clickbank.net/]Forex Auto Money - Trade like the professionals do[/url]