27th October 2011
The waiting game looks to continue as we look to the Eurozone for some confirmation on a deal. The market is like a time bomb ready to explode on anything negative.
At 14:37 yesterday news flash was posted that EU Finance Ministers meeting would be cancelled , this immediately sent the Euro plummeting 30 pips in a minute, at 14:47 another flash EU Leaders Summits will take place moving the Euro 22 pips in a minute.
Whether we get a anything out of the meeting today , volatility is here to stay and traders are so edgy that the smallest comment can ruin your day.
Posted by Andrew Johnston
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