Sunday, January 8, 2012

Russia, Iran Proceed With Bilateral Trade, Drop Dollar

FOREX ARTICLE OF THE DAY


Shared Article (FOREX INSIGHTERS)
Russian warships patrolling the eastern Mediterranean Sea have docked at Russia's naval supply facility in the Syrian port of Tartus, the private Addounia TV reported Saturday

correlation between the s&p and euro/dollar has broken down. Euro Decoupling?




FOREX INSIGHT TEAM SHARE VIDEO OF WEEK -cnbc
Shocking has been the breakup of the euro and the s&p 500 and that's exactly what has happened this week. the question now is the split temporary or will they get back together and when will they.
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UBS' Releases Most Dire Prediction To Date: Greece To Experience "Coercive" Restructuring

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"We anticipate that the crisis will deteriorate further than the stressed levels of late November
 We do not believe that Greek PSI will take place in a “voluntary” fashion but instead expect coercive restructuring of Greek debt either before or soon after the March redemption, triggering CDS contracts.- Zeohedge

Further more - "I also don't know if Portugal will stay in the euro. And if it leaves, it will be to the escudoRead on from source  LINK




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