SilverSerfer22

CONFLICTING FACTORS!

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
THE EUROPEAN CENTRAL BANK CONTINUALLY SEEKS TO DEVALUE THE EURO TO BOOST ITS EXPORT INDUSTRIES!
THE FEDERAL RESERVE CONTINUALLY SEEKS TO DEVALUE THE U.S. DOLLAR TO REDUCE THE BURDEN OF ITS DEBT LOAD!

ONE OF THEM WILL SUCCEED! I BELIEVE A GRADUAL LOSS OF THE U.S's RESERVE CURRENCY STATUS WILL LEAD TO LESS TRADE BETWEEN THE EU AND THE UNITED-STATES! THIS WILL REDUCE THE NEED FOR THE ECB TO DEVALUE THE EURO!

Comments

thanks for sharing! this is what I see on EURUSD:
+1 Reply
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