Monday, February 15, 2010

Greece Debt Worries Causing Jitters

Traders,

The concern surrounding Greece's debt fears are spreading to all lengths of the financial system. Rumors of the euro failing along with numerous lending institutions that have their name attached to the debt are causing widespread volatility in the equity markets and the FX markets. Does all this sound familiar? Remember when the gloom and doom regarding the U.S. dollar and the U.S. financial powerhouses were all going bankrupt and we would be switching to the euro for safety? We just have to realize that these are the times we live in...rumors, constant volatility, unrest, new regulation and last but not least craziness! Let's have a great week and make some pips!!

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