Time for the Euro to Come Down Again

The US dollar index is at the base of the recent market timing range and the Euro is at the top. Time for that to reverse. Europe cannot stand having a strong currency when more than ever they need an infusion of cash.

I predicted when I exited my short Euro position that the US dollar and Euro would be held in a range. The consequences of that NOT happening are too hard for the European Union to stomach. It’s once again time for Dollar UP and Euro down!

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One Response to Time for the Euro to Come Down Again

  1. Katherine says:

    Great insight David!

    Another resource your readers may find valuable is the new USDX ICE market commentary weekly video.

    Cheers!
    Katherine

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