06
Oct
2008
The collapse of the EURO
Posted by John as forex
On June 1 when the EUR/USD was trading near its peak I wrote the following in a post titled “Has the EUR’s long term bull market ended?”:
The EUR has been in a bull market since 2002 but the economic and political fundamentals of Europe are not looking too good these days…and there are some dark [...]
01
Jun
2008
Has the EUR’s long term bull market ended?
Posted by John as forex
The EUR has been in a bull market since 2002 but the economic and political fundamentals of Europe are not looking too good these days…and there are some dark clouds on the horizon for this currency when you consider the broader global socioeconomic framework.
Of course, the EUR was a flawed currency from the start (as [...]
29
Apr
2008
Europe Braces for Inflationary Shock
Posted by John as Market Action
http://www.iht.com. FRANKFURT: Europe is facing a “very strong inflationary shock” as a result of rising energy and food costs, the top European Union official for economic affairs said Monday as the price of oil neared $120 a barrel.
Joaquín Almunia, the EU commissioner for economic and monetary affairs, said that higher inflation was emerging as “a [...]