What a Night! Spanish Bailout Woke Up the Bulls

Written by: Dave Green • Monday, June 11, 2012 • 1 min read

• Last updated: Monday, June 11, 2012

New hopes for Spain brought the bulls out of their shelters. The leading economies, led by the European central bank (ECB) and the U.S. FED have agreed on a bailout plan for the sinking Spanish market. The rescue plan includes an exceptional 100 billion Euros which will aim to assist the country's suffering banking sector.

The markets reacted with a broad buying activity on the major currencies such as the Euro, Aussie and Swiss Franc. The new optimism brought investors to take higher risks on the problematic Euro, and to leave the safe havens of the Japanese Yen and U.S. dollar behind.

Our trading sources have reacted with three BUY signals on the euro, which led to extraordinary profits during the Asian session (Sunday night), with 313 pips gains in just few hours! Now that's what I call quick profits! Our trading signals took advantage of this breaking news to hit it while it's hot.
Take a look at how the night session ended:

313 pips during asian session with fxml signals

Missed this opportunity? Don’t sweat it! Others will come. Just stay tuned to our FXML system and open your trading account.

Markets are going to be jumpy today, so be careful with taking high risks, especially on the British Pound, as just like the English squad’s chances playing today against France in the Euro 2012, you just can't know what to expect!

What do you think? English or French? Euro or British Pound?