The Center of Gravity

Greece may leave the eurozone this summer and Spain might be on the verge of a banking system meltdown, yet $EURUSD continues to hover near the center of gravity – the 1.30 level:

Click to enlarge


Given the rather steep wall of worry surrounding the eurozone the lack of volatility in EUR/USD is quite surprising – remember that $FED/$ECB dollar swap lines announcement on November 30th?


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
Powered by WishList Member - Membership Site Software