How the Strong Euro Changes Things
December 18, 2008 at 14:22 PM EST
The EUR/USD has reversed violently after hitting a high of 1.4719 today. I don’t think that it is a coincidence the currency’s rally stopped right at the 200-day SMA. If you caught my Daily Currency Focus yesterday on GFTForex.com, I wrote about the consequences of a strong euro. I think its important for everyone to give [...]