DislikedThe knock-on effect of further reducing the value of the dollar led to pan-European planemaker Airbus warning last week that it may have to make further job cuts if the euro continues near its current highs.Ignored
- There are people in USA whinning about the weak dollar as some says lower it goes, while other says no other way to go but up.
- There are people in Europe whinning about the strong euro as some says it will hurt exporters and other bets on further US cuts...
I think this is time for a lot of talk and gossips and "I think it will's" and little action in the market, as shown by the slow sessions today.... We need some fresh news from somewhere, otherwise profit takings (euro short, cable no idea) will kick in for the end of the month.
QuoteDislikedThe warning came as Prime Minister Francois Fillon warned that France's finances were in a "critical" state.
LOL... Who else? Sarkosy himself is already the bug inside of the ECB's pijamas...