Fundamentally-The Euro Rally is Dead: - Page 2
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Thread: Fundamentally-The Euro Rally is Dead:

  1. #11
    Quote: WASHINGTON (Dow Jones)--Total spending on the wars in Iraq and Afghanistan during fiscal 2007 will be at least $110 billion...:surprised

    lets say that 1 barell of oil is 55 usd, that implies , they should import two bilion crude oil out of iraq,....and that needs to be something such as,...o yee right at no charge. . .to cover the reduction....

    Eur/usd in the end of year 2007 will probably be then something such as 1.500-1.700, and also the cable something such as 2.4-2.7...

    not to mention they will cut interests rates, and the euro will increase them....agree?

  2. #12
    The market, exactly like the street, is changing. As a driver, an individual take, and has to constantly adapt, follow action in correspondence with all the modifiions.

  3. #13

  4. #14
    Just a couple of things to know about when investing this:

    The Euro is sitting at about 3145 now. If you wanted to get in now-I do not think that it would be a fantastic trade. Why? Because u have to put your stop at like 80 and it's very likely to hit some support. I have been in it for awhile, so if it hits 80 I got like 60 pips thus I am not stressed. Could it go back to 80? Sure. It might go above that. . .so if u did not get in at or above 3175...I would await the break below 25. It's a commerce that is safer.

    I'll tell u what I find the most intriguing thing in currency right now. Look at the United Kingdom data-inflation the highest in years. . .jobs strong. . .it's almost a sure bet the BoE is gonna increase rates in Jan.. .so where is the pound goin? Nowhere. Why? Do not know. . .but somebody's buyin $'s someplace...

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