USD-EUR trend change in 2008 and is in Metastock chart is show like a classic example stronger uptrend of Euro- I don't think that USD currency will go up! USD is cheap to buy now and were Euro is expensive. Most of my technical analysis show that dollar currency will go down for a while time
The feds are trying to raise the $.
The declining $ value has/had lead to many switching to Euros for trading (in Europe),
but the dollar has seen significant gains in the previous month!
When Federal Reserve lower interest rates USD should be stronger not weaker.. but most of the time USD currency goes down even that Federal reserve doing everthing what they can do to prevent billion of dollars looses.. but cheap export to development counties such as China and India
Forex today USD-EURO -
06-03-2008
Linear Mode
