Greek PM now says does not need EU or IMF support

Written March 18, 2010 at 11:43 AM EST by  

gregmike-00900In what is becoming a bit confusing, the Greek PM is now saying that “he wants to make it on their own and not asking EU or IMF for support.  He also comments how the government has a “Titanic” task ahead of it.  The Titanic sunk didn’t it on it’s maiden voyage? I am thinking he is talking too much and just confusing the markets, which will simply not help.

 

The EURUSD now has broken through the 1.3609 support trendline and next targets the 1.3582 level (61.8% retracement) 

gregmike-00899

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