Skip to content

Portgual and Ireland crap out, euro up

March 24, 2011

Wanted to note that Portugal rejected the austerity measures making them move closer to government shutdown etc. The euro is up on this news, maybe because it’s happy that they don’t have to bail them out? At any rate it’s surprising to see no dollar movement here. Quite notable.

Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: