Busy busy meeting the EU market short: two pig "slaughtered euro" bleeding ".

<P> Slap in the face encounter, the real nightmare has just begun. .Some analysts predicted: in the next few days, the euro fell against the $ 1.30 would be a low. .Obviously, the two-day summit of EU leaders (local time March 25 to 26 in Brussels), has been short the euro as a "great opportunity." .</ P> <P> Beijing on March 25 morning, the euro touched $ 1.33 in the 10-month low, thus writing a new low set foot on the road, because Greece has not been a specific rescue plan, while Fitch .Portugal also announced lower ratings for a time the market's confidence in the euro fell to the bottom. .</ P> <P> the same period, the euro fell against the dollar, the yuan against the euro appreciated sharply from the end of last year, the cumulative increase reached 12%. .</ P> <P> euro zone "net seller" </ P> <P> European Central Bank Beijing on March 25 to provide the investment data shows that the international community's investment in the euro area interest securities increasingly weak: the summer of 2007 .When foreign investors in the euro area bond investment reached 5,500 million euros in the peak; as of January 2010, foreign investors in the 12 months before the euro-zone bonds to buy only the total value of 82 billion euros. .They last December and January this year, became the "euro net sellers." .</ P> <P> This is undoubtedly a more bleak prospects for the euro. .So far this year, the euro against the dollar decline has been more than 6%. ."It now appears increasingly likely to let the European Union ushered in the most severe blow to the euro." Worked at Ruskin Royal Bank of Scotland is expected this year will drop to $ 1.28 in the euro, will drop in mid-2011 .$ 1.24. ."If there are in Greece, Portugal and other countries after the line up for relief, then I predict the trend of the euro exchange rate is clearly too conservative." Ruskin said, the euro fell to $ 1.15, or $ 1.10 to say is likely to float .out of the water. .</ P> <P> IMF "come true" </ P> <P> EU summit, Germany and France have already set the basis for the EU to save the Greek, the two sides agreed to let the International Monetary Fund (IMF) involvement. .Appears in the market, IMF intervention, the euro area is a heavy blow. .Beijing March 25 evening, the European Central Bank President Jean-Claude Trichet said the European Parliament, the European Central Bank will extend the existing liberal mortgage policies after 2010. .This means that his position on the issue for Greece relaxed. .</ P> <P> Trichet said the ECB Governing Council plan as collateral for the bonds will be the quality threshold is still set at "BBB-", and maintained after the end of 2010. .Since the financial crisis, the ECB provides the lowest rating of "BBB-" bonds can be used as collateral for loans to the European Central Bank, the policy as planned in 2010 will expire at the end. .Jean-Claude Trichet has said the ECB "will not be a country" and change the security policy. .The current three global rating agencies Standard & Poor's, Moody's and Fitch have cut Greece's sovereign credit rating, which Fitch its down to "BBB +". .If the European central banks to tighten mortgage policy means that the Greek government bonds may not be used as loan collateral to the European Central Bank. .</ P> <P> Trichet will then attend an EU summit in Brussels, focusing on how to help Greece. .</ P> <P> In any case, the debt crisis at the end of Greece since the outbreak of congenital lack of exposure to the euro, regardless of the EU attempt to save the Greek alone, or take a leading role by the IMF, the euro is not optimistic about the future. .</ P>.