When It Rains It Pours – in Euroland

Posted by John Ross Crooks lll - Black Swan Capital

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“I am now quite cured of seeking pleasure in society, be it country or town. A sensible man ought to find sufficient company in himself.” – Emily Bronte

FX Trading – When It Rains It Pours, in Euroland

The euro was the big loser yesterday, even when most other majors were able to either eke out gains or at least hold their ground versus the buck. Today the buck is higher versus the entire pack.

And today the euro presses lower for a whole slew of reasons. First, and most prevalent in the marketplace, is the continued uncertainty surrounding the bailout of Greece, from where and when and if it might come.

…..read more HERE