Ashraf Laidi of CMC Markets on BloombergTV said Ireland budget cuts could boost the Euro, but in the long term the affect on GDP could put downside pressure on the Euro against the Canadian Dollar and Swiss Franc. Goldman Sachs thinks an IMF/EFSF bailout would "resolve current market tension and not lead to contagion" (read at Bloomberg.com). Video and charts after the jump.
Ireland 10y-Bond Yield GIGB10YR:IND (Bloomberg.com)
EUR/USD (Euro/US Dollar) - FreeStockCharts.com
EUR/USD - Short term
Or see the video at Bloomberg.com