Euro vs US Dollar (EURUSD)

[Talc Moan]

Amazing only .08 from a buck

[Penny Roger$]

Wonder if they are trying to herd shorts into FX trades here?
http://www.forbes.com/sites/kenrapoza/2015/01/26/meet-the-new-bubble-the-u-s-dollar/

[Talc Moan]

I could be wrong, but don't you import a hell of a lot more than you export in Europe?

[sante1]

That's not entirely true, what you're saying
I agree the price of the euro has dramaticaly fallen against the Dollar and will fall even deeper. Some think even below the one! As long as the oilprice and the Euro are sinking together as they do for now, that's not a problem the oilprice falls harder than the euro! It' s good for our export.

[Talc Moan]

Looks like the US has some pretty bad numbers come out this am. Euro on the rebound for now....

[Talc Moan]

Lol

[Penny Roger$]

Kerplunk!!

[Talc Moan]

Euro is now $1.13. Pretty amazing

[Talc Moan]

What's also interesting is Oil is traded in US dollars. So everyday the Euro drops the more it's cost the entire European Nation more money to buy Oil. Their costs are skyrocketing

[Talc Moan]

Yeppers!

[Penny Roger$]

Watch we will..

[Talc Moan]

Yeah. Greece I would assume as the Euro continued the slide will take the opportunity to jump ship. That will be very very interesting.

[Penny Roger$]

Meet in the middle. Currency will be worth same and then they bring in the IMF credits?

lol

Who knows, sure is a rocket ride though. When CHF split and people saw the jump in value many are thinking wow!

[Talc Moan]

Sub $1.00 is possible

[Penny Roger$]

New lows. Nuts.

[Penny Roger$]

Lots of messy stuff but $FXCM blasting off here!!

[Talc Moan]

ECB to buy 60 mill a month until 2016. Amazing how messed up Europe is.

[Talc Moan]

Might be time to buy some metal stocks with the uncertainly swirling everyday. These Huge swings are not healthy.

[Talc Moan]

Bad retail sales in Dec. folks fleeing the dollar this am like its the plague.

[Talc Moan]

Yeah it would!

[Penny Roger$]

Metals seem very strong too in the face if the bull dollar. Green candle here could be a sign. That was a LOT of red. Still, meet in the middle would be funny.

[Talc Moan]

Euro firmly below $1.18 now.

[Talc Moan]

Getting closer lol!

[Penny Roger$]

Maybe they finally meet and shake hands @ 1.00 range.. lol

[Penny Roger$]

Yeah looks like an ETF or something.

[Talc Moan]

Amazing downtrend!

[Penny Roger$]

Lower daily trend line right here. Wow.

[Talc Moan]

Citigroup joins Barclays Plc as the most bearish forecaster of the euro for end-2015, predicting a 10 percent drop to $1.07, a level unseen since April 2003.


I could see the Euro below $1.00 american and a total collapse of the currency.

[Talc Moan]

Will be very interesting to watch unfold.

[Penny Roger$]

France is big on this. Was listening to interview Sunday. New members Lithuania and more to come some say.

[Talc Moan]

Expecting sub $1.00 Euro in 2015 and a collapse of the Union Currency.

[Penny Roger$]

1.19 seems like collapse levels.

[Talc Moan]

Euro wanting to fall through support.

[sante1]

The outlook for 2015 is still negativ. The economy in Europe will stagnate. Lack of investments is the main reason. Less new jobs and the political situation with Russia does the Market also no good.
Personal I don't believe there is much support for the EURO at 1.20. The Dollar will gain more terrain.

[Talc Moan]

It's dropped so much that I just don't see this being a good thing for them if it goes much lower.

[Penny Roger$]

There is a par sar support here in big way. Maybe will be strong like I guess.

[Talc Moan]

Yep.

[Penny Roger$]

Yes, if we go lower that could be very bad for lifestyles of rich and famous in E.U.

[Talc Moan]

One would think we are near a bottom. Or they will see some major Deflation that won't be fixable.

[Penny Roger$]

Seriously doubt that will happen. I think we are at or near bottom. If turns oil too imo.

[Talc Moan]

At some point the Euro if they are not careful is going to drop below support and go all the way to $1.05
Range which would decimate their import business.

[Penny Roger$]

$EUR/USD getting close to lower support line here.

[stockbar]

I heard Rubbles are on sale. lol

[Talc Moan]

Another new 52 week low for the Euro

[Talc Moan]

Agree! Potential move coming in euro. First U.S. Case of ebola in Texas could rattle the markets.

[Spitfir3]

Big resistance on 1.20

Expect a rebound a 1.20 -1.21

[Talc Moan]

Pos EURO. THEY better be careful over there cause Hyper Deflation is about to kick in. Euro could be less than the american dollar in 6-12 months.

[Talc Moan]

Another 52wk low for the Euro

[Talc Moan]

Euro 52wk low on Rate cut

[Talc Moan]

Something terribly wrong with the Euro. Man this looks bleak...