Long EUR/USD....

Discussion in 'Financial Futures' started by hi-trade, Aug 12, 2010.

  1. hi-trade

    hi-trade

    Just wanted to get some feedback from folks who follow currencly futures closely. One of our traders went long on EUR/USD by a large quantity yesterday, averaging at 129.50. Right now the contract is trading at 128.12. Just wondering what people think about the prognosis for Euro. How long before it jumps back up to the desired rate?