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(Greenspan: The euro is breaking down–Bloomberg | ForexLiveから)

The former head of the Federal Reserve and inflator of many a bubble  says that the euro is breaking down and that breakdown is creating  difficulties elsewhere.
Collateral held by the the euro area is questionable
Difficulties in the euro zone could hurt US corporate earnings
Level of uncertainty hurting growth
US not yet at double-dip
EUR/USD is easing, slipping from 1.4463 to the present 1.4443 level.
UPDATE: EUR/USD slips through modest support at 1.4435/40 to trade down to 1.4420 after the comments from Greenie.

(Greenspan: The euro is breaking down–Bloomberg | ForexLiveから)

The former head of the Federal Reserve and inflator of many a bubble says that the euro is breaking down and that breakdown is creating difficulties elsewhere.

  • Collateral held by the the euro area is questionable
  • Difficulties in the euro zone could hurt US corporate earnings
  • Level of uncertainty hurting growth
  • US not yet at double-dip

EUR/USD is easing, slipping from 1.4463 to the present 1.4443 level.

UPDATE: EUR/USD slips through modest support at 1.4435/40 to trade down to 1.4420 after the comments from Greenie.

Notes

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