Tag Archives: long
Euro strength following overnight release – confidence is back but for how long?!
by Daniel on Oct.27, 2011, under Economic Information, Euro Strength, Media Quotes, euro weakness
The Euro has had a fine day against most major currencies today after some details came out from the well followed European summit.
Essentially confidence has be installed once again but personally I feel this will be short lived as the problems are just so big when you look a little deeper into them.
Italy alone has so much to pay out next year that I have no doubt we could see things all come to a head once again without the next few months, and in my opinion these measures are purely delaying the inevitable……. At a great cost!
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