February 11, 2010 (FinancialWire) (Investrend Broadcast Syndicate) — In his video broadcast yesterday, Bill Dunn said that he sees the equity market coming back, the U.S. Dollar holding steady and the Euro as a good buy below 1.40.

According to Dunn, the Greek crisis is a “speed bump”, but the bigger EU powers are taking matters in hand. France and Germany are working on getting a system of accountability in place, both to deal with the present crisis as well as put systems in place for the future.

Elsewhere in the EU, Dunn says things are looking stable. Spain is big enough to work its way out, with economic data moving in the right direction. Italy should also find a way out.  The Irish have taken their medicine, and enacted much-needed austerity measures.

Greece can be resolved, according to Dunn. It’s a small economy in the overall EU context and the big players are focused on a precedent-setting solution.

Dunn also noted that we’re seeing a narrowing of the spread yield between bonds of peripheral euro-region nations and equivalent-maturity German bonds. The Greek-German 10-year yield spread narrowed to 270, 280 basis points.

Focusing on the U.S., Dunn points-out that Fed Chairman Ben Bernanke is putting together his formula for an exit strategy and how to tighten without derailing recovery. Dunn believes Bernanke may yet avoid nasty political traps as we come to more of a middle ground in Washington.

Overall, advised Dunn, buy Euros and look for a stronger equity market as we finish the day.

Preferred webcast access to Bill Dunn’s live, interactive Forex video broadcasts is available via Investrend Syndications (at http://www.investrend.com/finvidea).

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