Following the haircut forced upon bondholders of the Anglo-Irish bank, also the Bank of Ireland is announcing “haircuts” or burden sharing if you wish. Tracy Alloway reports about this development, that isn’t too good for the Euro, even if it’s a smoother razor is used. Read it here. This is not the first haircut for an Irish bank, and unfortunately not the last. On November 26th, talks about burden sharing of senior debt holders strengthened, but after the deal was cut between the EU / IMF delegation and the Irish government, it became clear again that senior bondholders (contrary to junior ones) were not to be touched by any scissors. EUR/USD is experiencing choppy trading in a narrow range, now at 1.3238, between 1.32 and 1.3267. For more technical levels and an outlook for the Euro, see the EUR/USD forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next EUR/USD Dec. 9 – Upwards Attempt Shattered Yohay Elam 12 years Following the haircut forced upon bondholders of the Anglo-Irish bank, also the Bank of Ireland is announcing "haircuts" or burden sharing if you wish. Tracy Alloway reports about this development, that isn't too good for the Euro, even if it's a smoother razor is used. Read it here. This is not the first haircut for an Irish bank, and unfortunately not the last. On November 26th, talks about burden sharing of senior debt holders strengthened, but after the deal was cut between the EU / IMF delegation and the Irish government, it became clear again that senior bondholders (contrary to… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
