FX:EURUSD Euro Fx/U.S. Dollar
For about a year now, give or take, the dollar has been on a historic run. As a result the Euro has received devastating hits that will take years for it to recuperate. There are no signs of this down trend reversing anytime soon. Sure we will see bounces from time to time, but any hopes of a serious run is just out of the question.
Euro is toast!! It's just a matter of time. This is the easiest trade ever, short any rallies, but wait for confirmation of the next down move before pulling the trigger. Real simple, who wants to own it? A business is going to convert a purchase in Europe to Euros from falling Dollar?? Safe Swiss? Yen?