WHAT ON EARTH HAPPENED? WELL JUST FIGURED OUT, WAY TO LATE, THAT RATING AGENCIES CONFIRMED UK DEBT AT AAA, WHILE A DOWNGRADE WAS MORE OR LESS DISCOUNTED IN THE MARKET.
THE RESULT IS THAT CABLE DRAGS EUR/USD UP, WHICH DRAGS EUR/YEN UP, WHICH CAUSES GBP/YEN BUYING!196 POINTS LOSS THANKS TO THAT CRAZY DECISION!!
Tuesday, June 1, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment