On June 13th when the Euro was around 1.20 and on June 24th when the Euro was around 1.22, I postulated the Euro (which at the time was hated) could see a bounce to 1.30. Well we are at 1.30. We are getting close to where it makes sense to potentially starting shorting the Euro. I think a 1.33 to 1.35 handle is possible but at this point I wouldn't bet on it.
This is like the counter trend bounce from the March 2009 lows for the equity market. I tend to be early with respects to when I think it could be over (I did start getting really bearish on the equity markets again around August / September of 2009 only to be really early). So the Euro may have further to go but I think we are closer to the top than the bottom (for that statement not to be true the Euro would have to rally above 1.40). You have the banking stress test results this Friday. This Euro rally could be buy the rumor sell the news sort of thing. Or it may cause the final spike.
With Hungary over the weekend, rumors of problems in some European banks, and overnight rates that continue to creep up, it shouldmt be long (days to a few months) before the Euro starts heading lower in earnest.
Subscribe to:
Post Comments (Atom)
3 comments:
Very first of all [B][URL=http://www.fitnessworkoutclub.com]p90x fitness guide[/URL][/B] bear in mind that when I say diet plan, [B]p90 workout[/B] [B]p90x fitness guide[/B] don't mean that you are going to have to starve. [B]p90x before and after[/B] great diet plan will enable you to consume more healthy meals, [B][URL=http://www.fitnessworkoutclub.com]p90x workout[/URL][/B] include a smaller variety of calories. [B]insanity workout[/B] way you will not be starving, [B][URL=http://www.fitnessworkoutclub.com]p90x review[/URL][/B] only replace all of the foods that you just used to [U]does p90x really work[/U] consume with more healthy types.
Very first, when [B]insanity workout[/B] begin working to build the muscles, [B][URL=http://www.fitnessworkoutclub.com]p90x workout schedule[/URL][/B] would like to be really careful not to over do. [B][URL=http://www.fitnessworkoutclub.com]p90x schedule[/URL][/B] cannot build the muscle while [U]p90x cheap[/U] are lying on the back! What we mean by this is do not hurt yourself, simply because when [B][URL=http://www.fitnessworkoutclub.com]p90 workout[/URL][/B] are hurt you are going to not be capable to do [B]p90x schedule[/B] kind of weight lifting or physical exercise. Although [B][URL=http://www.fitnessworkoutclub.com/insanity-workout-dvds.html]insanity fitness program[/URL][/B] should be working hard, [B]p90x[/B] [B]p90x fitness guide[/B] can't overdue it!
Tiffany's is one of the most well known [U]cheap tiffany and co jewelry[/U] brand names and design houses in the jewelry [B]tiffany jewellery[/B] business. The quality of service, customer satisfaction and the fine designs offered by [U][B]tiffany & co[/U][/B] the company are one of the best in their times. The company is primarily [B][URL=http://www.tiffanysfree.com]tiffany necklaces[/URL][/B] famous for its superb quality and artisanship.
However, as this amount of beauty and quality comes at [B]tiffany bracelets[/B] a price, there are many jewelry lovers who are just not able to pay [U][B]tiffany engagement rings[/U][/B] the high price and look for suitable replicas instead. This is the [U][B]replica tiffany jewelry[/U][/B] reason there are special [U]tiffany charms][/U] designers that now offer beautifully made Replica Tiffany Jewelry and that too, at a much [B][URL=http://www.tiffanysfree.com]tiffany earrings[/URL][/B] lower price.
The Tiffany's is one [B]discount tiffany jewelry[/B] of those brands that actually [B]tiffany jewelry boxes[/B] mark the onset of a classic style and design on its own. Some of the designs of this [B]tiffany & co[/B] brand name have become so common and popular, that they [B]discount tiffany jewelry[/B] are bound to be copied by artisans all over. These replicas are created either by [U][B]tiffany jewellery[/U][/B] using a mass production technique or by an individual jewelry designer who is striving to [U]tiffany & co][/U] make a name for his services and capitalize on the original designs. These [U]knockoff tiffany jewelry[/U] kinds of procedures have made the replica business [B]pandora bracelet[/B] a very lucrative one, with scores of skilled designers [U]tiffany pendants][/U] paying close attention to these designs and producing them effortlessly [U][B]discount tiffany jewelry[/U][/B] with same style and appeal.
It is important for [B]knockoff tiffany jewelry[/B]genuine jewelry lovers to notice that there are [B][URL=http://www.pandoraforyou.com]pandora beads[/URL][/B] fake designers who can pass off their imitations as genuine [U]pandora bracelets[/U] replica Tiffany jewelry. Before you actually buy jewelry, make sure [U][B]tiffany earrings[/U][/B] there is the mark Tiffany & Co., engraved on the [U][B]pandora bracelet[/U][/B] piece. By rule, all of replica Tiffany's jewelry carries an identification mark for the benefit of its customers.
Jewelry is women's best friend. It is surely a [B][URL=http://www.tiffanysfree.com]tiffany co[/URL][/B] long lasting gift to your loved ones and enhances ones beauty [U]replica tiffany jewelry[/U] with its attention getting charm. So, while buying such beautiful jewelry for [B]replica tiffany jewelry[/B] your precious ones, you need to make [B]authentic tiffany jewelry[/B] sure that you get them from trust worthy places. Pandora bracelets, Links of London, Tiffany jewelry [U][B]authentic tiffany jewelry monthly promotion[/U][/B] offer you top edge designs and high quality jewelry at affordable prices. They are known for their [U][B]knockoff tiffany jewelry[/U][/B] elegant yet bright designs that could match any occasion. Jewelry these brands offer has a specific [B][URL=http://www.etiffanystore.com]tiffany bracelets[/URL][/B] meaning that expresses many feelings.
Silver bangles and bracelets of Tiffany jewelry [B][URL=http://www.etiffanystore.com]tiffany engagement rings[/URL][/B] are known for their delicate knots and symbols which express unity and harmony. Their heart shaped lockets which express love make [U][B]fake tiffany jewelry[/U][/B] their partner feels that they are precious [B]authentic tiffany jewelry[/B] and wonderful.
These jewelries are quite famous [B]fake tiffany jewelry[/B] among couples who say that these unique and simple [U]best website to buy discounted tiffany jewelry[/U] designs of Tiffany jewelry are long-lasting and incomparable. Some [U][B]tiffany jewelry boxes[/U][/B] designs in Tiffany's jewelry date back to decades ago, which make them [B][URL=http://www.tiffanysfree.com]tiffany uk[/URL][/B] a perfect gift as a heirloom, so that it could be passed from one generation to another, this explains the timeless beauty [U]authentic tiffany jewelry[/U] of the jewelry and still be in fashion even after many generations
Pandora bracelets are exquisite and its [U][B]tiffany jewelry store[/U][/B] lovely charm casts a spell on every one who sees it. It is irresistible to stop thinking about [B]3tiffany & co jewellery[/B] the wonderful piece of art once you have seen it. Jewelry of the line of Pandora bracelets are designed with [U]fake tiffany jewelry[/U] great care keeping in mind of tastes of millions of people, not to mention about [U][B]baltimore tiffany jewelry[/U][/B] the current fashion too. They would make a perfect choice for [U]authentic tiffany jewelry[/U] all those modern women to whom [U][B]discount tiffany jewelry[/U][/B] fashion is everything.
Post a Comment