Talk out of Europe of a bailout package for Greece has been running thick and fast. But, to be honest, it sounds to me like the deal has more strings attached to it than Chins in a Chinese phone book....
The package will guarantee that Greece doesn´t go belly up, but it has so many con´s that other Euro states with similar problems will be thinking twice before sticking out their hands...Sounds like the Germans had a big influence here.
Still watching Kiwi and Aussie ma´s. Watching Usd/Cad also..there has been good support at that 1.0575 level but i just wonder how long it can hold up. back above 1.0600 and it should be safe.
Thursday, 11 February 2010
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