Just after the euro seemed to have moved past its real crisis point — with the European Central Bank vowing to defend the currency, institutional changes in the works and countries like Greece, Portugal and Ireland making significant improvements — the political confusion in Italy and the Cyprus crisis appeared very damaging. “The image of mastery, hard won, looks like it’s taking a big hit,” a senior euro zone cabinet minister said. “It looked again like the gang that couldn’t shoot straight.”
The thought process behind the Euro was to team up the countries against the USD. The problem is all those countries and no central bank or regulatory authority.
I doubt Finland really wants to deal with Greece, Cyprus and Italy's mess anymore.
If I was trading Euros I'd be shorting them all day long.
Market Data 
Markets 
AI
