EURO NOTES 2

The EURO story is approaching a crescendo with the June 5 ECB meeting. It will be interesting to see where the scramble for short positions will lead us this time. Anti EU sentiment still lingers, as was demonstrated by recent EU elections, giving credence to the notions of discontent still echoing in the Eurozone. I […]

The EURO story is approaching a crescendo with the June 5 ECB meeting. It will be interesting to see where the scramble for short positions will lead us this time. Anti EU sentiment still lingers, as was demonstrated by recent EU elections, giving credence to the notions of discontent still echoing in the Eurozone. I have nothing for you, this time , by way of technical analysis , however, playing into the sentiment as well the overwhelmingly obvious ECB stimulus, the euro short remains the most obvious trick in the bag.

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