Euro Intervention Would Buy ‘Time But Little Else,’ Barrow Says

The capital markets (gold, equity, bonds) follow time, and Barrow is right, they are running out of it.

Equities cycle low March 06 2009

Important Dates

Hz Date
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17.2 - 08/10/10
25.8 - 04/29/11
34.4 - 01/16/12

Any government intervention in the foreign-exchange market to support the euro after its recent plunge would “buy policymakers time but little else,” according to Standard Bank Plc analyst Steven Barrow.

Source: bloomberg.com