EUR

said
my thesis is simple
USD will be invested in EUR dominated stocks as hedge looking for big yield.
But for large scale investment the EUR stock index is too high and EURUSD is too high.
Just make a chart pricing for ex. German Dax 30 in USD and Gold in EUR.
All silver mining stocks are at critical marks. XAUUSD runs inverse to USDx one cannot make profit with Gold. But stocks, oh yes. DAX30 can, in USD, double by ye. of course this holds for some emerging markets as well. Indonesia India ...
We cannot trade China stocks in Shanghai this is big potential given China appreciated yuan by 10%.

.....let's go back as far as July, and look what was opinion of "THE MOST ACCURATE FOREIGN EXCHANGE FORECASTER"
http://www.thedailycrux.com/content/5175/Euro

I don't mean any disrespect to the Mr. Osborne, but just to point out how even some of the best in the business, sometime can be sooooooo wrong. Besides the bad call for Eur/Usd, it is useful to read the article and reflect on the sentiment, then and now. There is one thing that is common for both situations - just about everybody is on the one side of the trade. That was just about 100 days ago, and we all moved to the opposite extreme.



b.

Hi catnip. EURUSD being range-bound is possible. I think AUDUSD migth hover around 0.98 to 1.00 too, unless the equity market tanks.

thanx to Dr.Ben yes. The difference of eur basket and EUR price in USD would yield EURUSD parity. May justice win err no rationality. I am short anyway right after Bernanke peak.

well said subway..excellent pips were collected off bernanke yapping.(eruusd) not quite sure if i still love the usdcad ..thinkn eruusd has stolen my heart lol..gl guys an have great weekend:)