Bobby, The EMU is still a future event and unless their is a complete breakdown or postponement of the treaty, it will probably have little affect on the dollar...however, if it is postponed, then the currencies which are now in leadership will get even stronger...There was news today that would suggest this in the New York Times. Besides this, the dollar is making a Head-And-Shoulders Technical top here and IF the dollar breaks below the 93.50 level, then there will be a lot of technical selling of the dollar. Right now the dollar is trading at 94.80.
Best of luck trading
Phil
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