Euro Crash?

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polpolik

Holy smokes, euro is just going thru support like it's butter. It just lost 100 pips in 1 hour!

I'm feeling like a crash is coming and will look to buying up the Yen hand over fist.
 
This sure looks like a "The ECB is not getting it" slide. It's great to see Trichet & Weber getting their pompous aristocrat European asses kicked like that. Beautiful.
 
Quote from makloda:

This sure looks like a "The ECB is not getting it" slide. It's great to see Trichet & Weber getting their pompous aristocrat European asses kicked like that. Beautiful.
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They got hell to pay. For the longest time, they thought the EU is made up of Germany and France alone. A lesson learned by these guys.

Looking more like Bernanke is a genius at this point. Inflation down and we don't even have to raise rates.
 
I suppose a little bit after the Asian Financial Crisis where their currencies crashed, we just might see that with the Euro / Sterling.
 
IMO the jury is still out on Bernanke as this will take years to play out. We will know in hindsight only.

But I guess the market is waking up to the reality that Dr. Trichet and Prof. Dr. Weber are the real academics here, not Bernanke.
 
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