Fu Piigs

Quote from athlonmank8:

Is Europe in the same boat as the UK? I don't see how the Sterling can take such a big hit and Europe feel nothing. Logic would have said the Euro would have been taken to the woodshed. Maybe that's coming right now though.
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The Euro is what...15% from its all time high? That's still bull market territory!

Quite amazing when you think of it...

An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it.

What does that tells about both the Euro and the USD?
 
Quote from Debaser82:
...so I fail to see how this crisis of late changed anything significantly there really.
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I would have to disagree with you there, sire... See attached (since I can only attach one file, I have used Spanish data).
Quote from Debaser82:

An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it.

What does that tells about both the Euro and the USD?
More...
That we're in the middle of a competitive devaluation, maybe?
 

Attachments

Quote from Debaser82:

The Euro is what...15% from its all time high? That's still bull market territory!

Quite amazing when you think of it...

An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it.

What does that tells about both the Euro and the USD?
More...

Actually no. I could care less.

What does it tell me? I don't know? Look for further downside?
 
It tells me that your screen name nails the era we live in perfectly. Trading the Dollar for the Euro (as a long term store of value) is like trading dog shit for horse shit. Either way you've got a pile of shit.

Quote from Debaser82:
The Euro is what...15% from its all time high? That's still bull market territory!

Quite amazing when you think of it...

An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it.

What does that tells about both the Euro and the USD?
More...
 
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