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Forex Envy

Monday, June 4, 2012

G-7 EURO TALKS

So what does everyone think?  Can the G-7 pull a rabbit out of their hat and put some pressure on the ECB ?  Maybe, Maybe Not.  Elections are coming up soon in Greece, with a split on policy bouncing around all the major news sources.  Only action will tell, no speculation here.  Watch your long positions everyone because it looks like things are going south.

A bailout?  Good luck Europe. 

EUR/USD pushing up.... A dead cat in my opinion.

U.S. crude gained 0.9 percent to $84.70 a barrel on Tuesday, rebounding from its lowest in nearly eight months touched the previous session. Brent rose 0.7 percent to $99.55 a barrel on Tuesday.

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