EUR

My simple fundamental analysis. I always look (hope) for justice and rebalancing for those who have wronged.

The US have lived way beyond their income for many years. They are a gross obese nation in almost every facet. I love americans but many cannot recognise truth from b/s. They are drowning in their own b/s. The day of reckoning has to come at some point. Corrections cannot be delayed indefinitely and the longer they are postponed the greater the ultimate shock wil be.

I worry that the US might lose their leading role, their superpower status. The implications of that are ugly. The US as a world leader needs to mature, they are still behaving like over stuffed immature teenagers.

Before attacking me for such an outrageous statement I do NOT pretend that my own country is in any way exonerated from outlandish dishonsty and excesses over the last two or three decades. Its just that the US is world leader and must learn to lead by example.

It seems Trcihet's usual substance-free bubbling is priced in at 1375 he need not talk.
I'll keep my last long pos as range will stay today 137 138 and do some range trading
gl all
geo may however spoil imagine Mubarak seeks asylum in Tel Aviv and is granted

well some see the forest and others see only trees. Yes EURUSD MUST go to 1,50 BUT NOT NOW. And USD debt has nothing to do with it. If US defaults USDx will explode. Why?

"You don't get it. US debt doesn't matter at all and no one expects the US to pay debt."

Catnip, if history is any guide, then there is no other time in history when a country amasses such debts, then starts the "printing press" in order to pay its current obligations and after this their currency appreciates. Just check it out. So history tells you are getting it all wrong.

I think that Euro can go to 1.30 in the next months as well due to improving US economy stuff and rate hike fantasies. But this will be a good long term dip to buy.