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North Korea / German Finance Minster's Comments Rattle Euro

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North Korea / German Finance Minster's Comments Rattle Euro

German finance minister says:

  • Euro is at Stake
  • Germany is not swimming in money, but rather drowning in debt

Hearing any kind of claims such as these from Germany poses a threat as Germany is commonly perceived as the stronghold of the European economy.

Meanwhile North Korea finally acknowledges today's attack, but claims that South Korea fired first. Sure. Whatever.
Euro currently trades at 1.3583, but by the time you read this I'm guessing not…..volatility is vicious right now.

One minute chart:

Source: Ransquawk

ParaCurve

ParaCurve

Since 2008, ParaCurve (formerly NBT) has been a provider of a wide range of articles geared towards a common sense approach to trading using fundamental market analysis in conjunction with globally identifiable technical levels. Steve is a 21 year trader, having formerly worked as a sell and buy side global macro analyst for several of the largest financial institutions in the world. You can follow us on Twitter or Facebook. Series and support at FXS Analytics.

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