EUR/USD - Bearish move comming?

Discussion in 'Forex' started by Kastro_316, May 8, 2008.

  1. (Sunday, may 11th) - Ok, any predictions this week guys? I think the dollar is running out of steam
  2. Commitment of traders looks like small speculators are overly optimistic about the US dollar now. I think that hedge funds are going short the dollar to test the 1.60 area to see how strong the G7 rhetoric really is in support of the dollar.
  3. Could not have said it better my self. Should be an exciting week!
  4. hausse


    Germany reported the strongest quarterly growth in 12 years, everyone talks US recession but the Euro just flatlines. A mosaic piece to keep in mind.