EURO LOD!!! EURUSD 1.2042...UPDATES

1,2166!!!

1,2173...

zerohedge‏@zerohedge

EURUSD LOD

1,2171...

1,2167...

1,2162

34sBusiness Insider‏@businessinsider

The Euro Is Falling, Hitting New Lows (Again!) [link to read.bi]

EUR/USD Breaks Below 1.22; 1.19 2010-Low is Still In Sight

From fxtimes.com

The EUR/USD is breaking below the 1.22 level ahead of the 7/12 US session, continuing a bearish swing that started late June, early  July. This is continuing a breakaway from June’s corrective rally back into the bearish mode that started earlier in the year in February. The 1H RSI shows persistent bearish momentum with the reading holding below 60 after dipping below 30. The daily RSI reading is showing similar bearish momentum building in a larger degree. EUR/USD continues to hold the bearish outlook toward the 2010 low at about 1.19. We should also expect the 1.20 level to be a ...
FULL STORY: [link to www.fxtimes.com]

1,219

Yep, back under 1.2200 again. I reckon it'll be back to making fresh lows again tomorrow, not sure about today..

Spanish ten year bonds at 6.75%

Gold and silver falling.

1,2179!!!

1,2175...

Last Edited by Luisport on 07/16/2012 08:17 AM

1,2189...

Gold and silver tumble.

Spanish ten year bonds currently at 6.93%

Things are deteriorating very fast... The Money Game‏@themoneygame

Diverging Borrowing Costs Are Killing Progress In Europe [link to read.bi]

Despite the world and their lemur believing that, with a self-referential EUR100 billion bailout (loan) for its banks and a ponzi guarantee scheme for its insolvent regions, all will be well and more debt fixes too much debt, Spanish 10Y yields are back near 7% and spreads over 575bps. The reason - simple - the backbone of their credit-fueled economic growth has crumbled and is now crumbling faster. As the FT reports today, Spain's housing and banking sectors continue to deteriorate, grim new government data showed Wednesday, providing the latest indication that the country's economy remains caught in a protracted recession. House prices declined at the fastest pace since the start of the crisis in the second quarter, the public ministry said, and bad loans increased for a 14th month in a row, the Bank of Spain reported. What is more worrisome is that in spite of a bank rescue plan (that is obviously tyet tto be implemented), bank deposits saw a record decline shrinking 5.75% from a year earlier. The vicious cycle of rising borrowing costs and continued economic recession prompted the International Monetary Fund earlier this week to predict that the downturn will last into next year. "This government can't decide between a good and a bad choice," Mr. Rajoy said. "This government has to choose between the bad and the even worse."

Since the EU Summit, and basically month-to-date, Spanish 10Y spreads are 100bps wider back near record wides...
[link to www.zerohedge.com]

very peculiar price-action going on on the EUR/USD, and also Gold&Silver the last few days..

1,2238...

1,2231...

I dont care about your twitter page bro.

Thats not even a number.
and think someone may be spamming.

1.2227

Can't seem to stay 'up' for too long.

no wonder , spanish 10Y 7.11 (+1.4%) AGAIN !!!!!!!!!

GEEEZZZZZ!!!!!!!!!!!

1.2204!!

1,2199!!!

1.2194