( Sumptuous Capital: Blog )

EURUSD trades relatively stable in the 1.51/52 range today, despite Eurogroup’s Juncker being in the wires again saying: “- EUR overvalued in relation to other currencies, – JPY and YUAN undervalued, USD somewhere in between, – USD tends to be undervalued rather than correctly reflecting fundamentals.” (Reuters / Market News Int). I’m only speculating on

As EURUSD is testing new heights in the 1.52/53 regions with a high degree of volatility , Eurogroup’s Juncker comes to the rescue with regards to a speculation on shorting EURUSD by stating a concern for a vigilant Euro, which supported USD. I shorted EURUSD at three positions (1/3 of total in each) before the

It has been quite some time since I’ve written anything in this blog, primarily for two reasons: I’ve been too busy with everything else I really haven’t had that much on my mind that was worth writing about But today I felt different, so here we go with my little rant, hopefully there will be