I tend to agree more with Ivanovich. Though, it's tough to be impartial because my money is on the line in various directions - let's face it, trading is Hell - I'd say we're gonna crash thru a buck if it were not for the fact that the USA and USD is utter garbage as a nation and a currency, and being run like a bad used car dealership. Many many different things can happen that would cause the world to dump the dollar shooting the rate thru the 1.3000s in a 3 to 4 month period. As euro wasn't fully considered before, it doesn't mean it would be considered this time either. It's more about the USD. Plus you got your basic market psychology to consider including fears, panics, dreads, greed, speculation, stupidity and mania - These never go away. Once we hit a base we'll retrace up 500 to 800 points - that's market law. Then we got to take another look at it. Therefore, I voted 1.30 but I think it will only move closer to that than to 1.00. Remember, too, that, the majority is always wrong. theskalper
Quite frankly...other currencies in concert with interest paid are far more attractive than any dollar play on the board....The interest offered in any dollar based asset is not attractive...
I'm still here! I won't buy USD at THIS level! My bet is for 1.24-1.26 at year end. There will be too much resistance to hit back 1.30 that soon.
Hi my foolish crazy traders, Tomorow Paris time 13:30 we get the results for whom is organizing the 2012 show...Chances are that Paris will host, in this case expect a nice run for euro...its psychologic...so prepare for a nice IN OUT 60-100 pips...SO BUY TODAY â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬â¬
The majority create the trend but they are wrong at the turns, therefore they are right while the trend lasts......
euro going to 1.1875ish - then a technical bounce. Zero to do with the Olimpics!). Btw, I like London better
Well, after the blasts...bad news for some are good to others, its CACA mais c la vie....still its very sad...
Both the Euro and the Dollar are funny money. Applying today's standards of accounting, politicians would have to be sent to prison for 25 to 30 years like them other hanky panky executives. The best one can say is that both currencies will keep fluctuating as usual. If you're looking for something more solid, maybe China's money is the thing of the future.