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EUR Trade Index 18-Year Chart
Daily EURO chart of 18 years of cyclical developments in finance & politics
Do you warn us that the DOLLAR might retreat?
1) GDP could BREAK to the upside at 5%. We got 5.7%
2) second BIG WARNING:
We said the REACTION to a strong GDP REPORT could be the SAME as that in DECEMBER 4 when strong US jobs report on Dec 4 boosted stocks USD & commodities (before all went down except USD). Well today, the SAME THING HAPPENED. USD, STOCKS & COMMODITIES ALL WENT UP after the report, ONLY for stocks and comms to DROP leaving USD UP.
You can chase the train, or wait for it at the right station.
Ashraf
Yesterday also a good day.
(Much) ore than recovered the damage inflicted by the Obama speech :)
can Euro Dollar be bought here at 1.3910 level?
Regards,
Rajib.