Euro vs US Dollar (EURUSD)

[CyberGal]

I think it's time to short the Euro/USD pair. With the French Election in full swing, and LePen strongly advocating leaving the EU--she's now saying she wants to keep the Euro for large multinational corporations, but return to the Franc for local transactions. In theory it makes sense, but in practice, it will be VERY complicated. But I think the FRENCH prefer EVERYTHING complicated!

I also think that Europe is way over-leveraged with its debt. The unemployment rate is in double-digits, and has been for quite some time. Here in France, the unemployment rate has been close to 10% for 10 years, so there are some major macroeconomic issues that need to be addressed.

I think this could be the Black Swan event that traders might be looking for. . .

Just my 2 centimes!