Originally Posted at AgilityForex.com
Everyone knows that long USD is a crowded trade. The question is, when will the music stop? I for one have been advocating selling dollars here in favor of cheaper, beaten-down currencies. However, I’m not sure the Euro is the one to bottom-fish with.
It’s not hard to lay out the issues facing the Eurozone at the moment.
At the top of the list is Greece and the $340 billion it owes the Troika, the European Commission, the IMF, and the ECB. That’s a lot of...
Published on March 01, 2015 16:40