Spain and Portugal 10 year bonds yields are now trading at all time highs. This is putting major pressure on the Currencyshares Euro Trust(NYSE:FXE). The FXE will short term intra-day support around the $133.50 area and more around the 133.15 level. This story in the European Union is not going to go away anytime soon. 

fxe%2011_23_10.bmp