+2am in Brussels – still we wait for the Eurogroup

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Still no word from the Eurogroup. Its gonna be busy when they do announce something.

Anyone closely watching the EUR for movement that might give away whats going to be said?

Author: Eamonn Sheridan

Eamonn Sheridan worked with Bankers Trust Australia for 13 years as a Spot foreign exchange dealer, trading across all major currencies and all time zones. He rose to a Vice President position, running spot operations during the busy European time, leaving the bank just prior to it being sold to concentrate on running his own business in the ‘real world’! The markets, however, had him hooked – he continued to trade equities, CFDs and then on to futures, giving him broad experience across financial markets. He is now active in FX and equity index futures as well as writing for ForexLive™. Eamonn is a graduate of The University of Melbourne in Australia and lives in New South Wales.


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  1. Something just happened. Risk off, looks like. Bad news? Failure?

  2. we’re in a 5 pip range… it gapped from 28125 to 28129; my eur/gbp long is in the waters, it dropped from 45 to 44… :p

  3. I’m still stuck with AUD/JPY short at 84.50. It hit 85.00. Unbelievable. Come on…

  4. They’ve fallen alseep or watching late night shows… :)

  5. I dont understand the logic between their talks. everything is on a downfall in europe at the moment and yet EUD is lingering in high waters. Why??? Someone must know something?

  6. I am short on AUD/JPY as well…I am hoping it breaks down hard or I am going to get called….AAAAAAAAhhhhhh….. :)

  7. @JPAUD: Look at U’R Charts 5,15,1hr,5hr,day, wk….. wadda C ?? Up or down ?

  8. we need a break of 1.0290…that will convince me aud/usd is heading lower…..aud looking weak against eur and gbp…not so much against jpy…..


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