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The Greek debt crisis refuses to go away

By   || August 20, 2010 at 11:46 GMT
|| 2 comments || Add comment

Latest from AEP at The Telegraph.  We posted it earlier, but just incase anyone missed.

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2 Responses to “The Greek debt crisis refuses to go away”

  1. simao4 on August 20th, 2010 12:05 GMT

    hello , what is the clear reason of this whole down of major pairs this morning?

  2. mr grumpy on August 20th, 2010 12:16 GMT

    Simao, welcome to FX trading. I suggest you do not place any large trades until you understand one simple rule – FX never moves intraday for “reasons” even though newspapers like to give a narrative for everything. On the other hand, there are clear reasons why the market is moving like it is today. I think everyone on here is a lot more comfortable with today’s moves than they have been with some of the more extreme moves over the last 2 months.

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