| Orange Room Supporter
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2nd July 2009
Quote:
Originally Posted by lionness 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. | It’s not about the bad economic news as much as who’s printing more paper money for stimulus without backing it up. |
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