Quote:
Originally Posted by GFED
Nothing personal against the euro, I think it will continue the long term trend upwards but is reaching the top of the channel for now. Wish me luck.
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to be honest - nothing better can happen as a low euro but it will not happen because there is no other valuable currency in the world.
donīt tell me the dollar - thatīs a peace of paper with the value of 2,5 TRILLION depts
donīt tell me gold - there is like 100 times more gold sold on options and papers as exist on the planet
after the FED increased the interesst rate europe can not prevent an own increase for long because the inflation rate is already over the wishlimit and the economy growth in europe is on a level were itīs possible to overheat.
i hope you did not putt the knockout day to monday - if marcon wins you will lose money ;-) and it really looks like that because you canīt catch the same mouse twice with the same cheese.