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Post# of 42555
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ultimatepick

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ultimatepick

Re: Relentless Despot post# 7505

Thursday, 03/22/2007 9:36:42 PM

Thursday, March 22, 2007 9:36:42 PM

Post# of 42555
Did you see the EUR trade balance last night?
Actual Forecast
1.3B 2.3B

Whenever the EUR gets too high exports will suffer.
The Euro depends on exports and most of them go to the US.
Do you honestly think they will let the EUR appreciate and let their exports decrease further and further and further because of less and less demand from the americans.

Look at the weekly COT charts and you will see that the EUR will TURN DOWN soon.

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