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Posts Tagged ‘Euro/dollar relationship’

What’s ‘UP’ with the Euro?

Posted by Larry Doyle on July 20th, 2010 9:41 AM |

The Euro has had a significant bounce over the last 6 weeks. After bottoming out slightly below 1.20/U.S. dollar in early June, the Euro has bounced back close to 1.30 versus the greenback. Let’s navigate the circuitous path of this most important currency and assess where it may be headed from here. I am most pleased to highlight commentary on this critically sensitive topic, written specifically for Sense on Cents by Forextraders.com:

The Current State of the Euro:  Can It Head Higher Versus The Dollar?

The months of June and July have seen a rapid and extreme appreciation of the Euro against the U.S. Dollar.   In order to understand our current state of the Euro and where we may be headed, it is imperative that one have a basic understanding of the Sovereign Debt Crisis in Europe. (more…)






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