Do you see EUR/USD going to...

[jtb790]

So basically he is saying the USD is toast.

Being long the USD I find one dilemma with that view: The other global economies.

Basically everything is in the toilet. You have to kind of look into it and take your choice.

Every currency is now more or less "junk currencies." So, we trade junk, similar to the way some bond traders trade junk bonds.

What else is new? Welcome to 2005.

The bottom line is, where else do you have to go other than the USD? If not sooner, then later.

[evolve]

Keep in mind that the article is a long-term forecast of a likely outcome *IF* events continue in the present direction.

But since most of us here are probably short-term speculators, it doesn't really mean much.

Like I mentioned previously, I'm still betting on a USD rally happening soon

[fxscalper90]

Originally Posted by evolve

Keep in mind that the article is a long-term forecast of a likely outcome *IF* events continue in the present direction.

But since most of us here are probably short-term speculators, it doesn't really mean much.

Like I mentioned previously, I'm still betting on a USD rally happening soon

Gee, Evolve, you sure were right! To the tune of 900-points.

Great call!

fx