Menu Close

Euro Heads for a Buck

In Currency Ville, the Your0 heads for a buck.


I reiterate the idea that as long as the Fed is tighter than the ECB, and especially if the Fed is removing doolahs from the world market while the ECB is still adding Your0s, this trend will continue. The idea that the Your0 is going to parity is well founded.

But why stop there? The long term measured move target by various patterns is around 0.75-0.80. Indeed, it all depends on when the ECB tightens or the Fed loosens. For anyone like me who earns in dollars, but spends in Your0s, it would seem to pay to hold on to your dollars and convert them for spending only as needed.


Liquidity Trader- Money Trends

How Fed and Treasury policy, Primary Dealers, real time Federal tax collections, foreign central banks, US banking system, and other factors that affect market liquidity, interact to drive the financial markets. Focus on trend direction of US bonds and stocks. Resulting market strategy and tactical ideas. 4-5 in depth reports each month. Click here to subscribe. 90 day risk free trial!

Join the conversation and have a little fun at If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.