Cusick’s Corner 05-07-2012
The Euro currency cracked, FXE, $1.30 in the overnight session after the French election results came in and after the situation in Greek politics, well, failed. At this stage I am managing headline risk, the EU is in tenuous state and the Euro will be my barometer as previously I noted Friday. While this pullback through $1.30 did get the attention of traders early, it is not $1.26 which is what some would have guessed where the currency could have gone after these … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards