I put a bit of a post up yesterday about this, I think during that Autumn statement there was a lot of Sh1t hitting the fan.
Loads of USD’s flooding the market, I figured ready to take up the slack if the Euro crashed. Euro banks just can’t borrow money right now, so probably more than just one in trouble.
Then todays BOE announcement, but it’s probably just a bit of brinkmanship forcing Germany to do what everyone knows they have to.
**** markets, and their perceptions, do we need them, constantly **** with our lives.
Winds me right up. You can bet your arse all this negative news there a bunch of them shorting the Euro like no tomorrow ready to make another pile on the downswing.