Can EUR/USD Stand up to Portugal Bond Vigilantes?


  Can EUR/USD Stand Up to Portugal Bond Vigilantes?

The euro seems to have dodged a bullet now that Ireland has formally announced that it is seeking a bailout from the European Union ( EU ) and the International Monetary Fund ( IMF ). However, that is not the only bullet the euro is going to have to dodge to avoid losing value in the future. Bond vigilantes appear to be shifting their focus from Ireland to Portugal -- which suffers from its own sovereign debt issues.

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Here are a few of the topics we discussed in today's Ask the Expert: Forex video.

- Will EUR/USD bounce back down to 1.3500?
- British pound (GBP) gaining ground on the euro (EUR)
- Credit rating downgrades for the New Zealand dollar (NZD)
- Potential head-and-shoulders pattern on the AUD/USD
- How high will the USD/JPY go?
- And much, much more

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Stocks

Referenced Stocks: EU , IMF

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