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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (28820)5/21/2010 8:01:17 PM
From: SG  Read Replies (1) | Respond to of 71402
 
torschlusspanik..a great sounding word that google says is a panicked rush for the exits. I guess they they'd race out of the euro to the yen befofe the euro crashed.

But why not to gold?!

SG



To: NOW who wrote (28820)5/25/2010 5:11:26 AM
From: RockyBalboa  Respond to of 71402
 
MORE TODAY... EURJPY 109 as I type. Margin calls coming, or an intervention. Could be a nice elephant print today.

> Ireland is imploding, irish banks down 15%+



To: NOW who wrote (28820)5/25/2010 5:25:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71402
 
Euro falls to 8 1/2-year low vs yen
LONDON, May 25 (Reuters) - The euro fell to an 8 1/2-year
low versus the yen on Tuesday, as global equity markets suffered
heavy losses, prompting investors to buy the low-yielding
Japanese currency amid rising risk aversion.
The euro <EURJPY=R> fell to 109.36 yen, its lowest level
since December 2, 2001, according to Reuters charts.
Traders said stop-losses were targeted in the 109.50 region.
((neal.armstrong@thomsonreuters.com; Reuters Messaging:
neal.armstrong.reuters.com@reuters.net; +44-207-542-0876))

Keywords: MARKETS FOREX/EURO