Thread: EURO vs USD
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lionness
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Default 2nd July 2009

Quote:
Originally Posted by Raficoo View Post
Euro's been messing around between 1.39 and 1.407 these couple of weeks but now its $1.41462

:
True, i do think Euro/USD are stuck in this range. Which only means good news to the dollar on the long run.

Many belive we already reached rock bottom of the crisis, i dont know about that, but for sure the economic data coming out from Eurozone is much worest than the data from the US.

Personally iam staying away from euro/dollar for the short run, there are more potential in earning profit with JPY crosses. and other commodity related currencies. After all its summer, Fuel and Gold and construction material will have an effect.
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