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#1
11-13-2008, 07:12 AM
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Case against Euro vs. US$ still!
Six reasons why the case against the Euro is still valid:
1) Still overvalued on a Purchasing Power Parity basis against the dollar 2) Interest rate differential to shrink as ECB catches up to the Fed 3) Safe haven money flow i.e. risk aversion still favoring the buck... Click on the following link to view the latest issue of Black Swan Currency Currents in PDF format: http://www.blackswantrading.com/file...sccc111308.pdf
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