I tell you one thing,they finish off trade between USA and EU with such a strong currency.
Here the € in the last ten years:
Now as you can see they are close to a strong resistance line,but in this mixed up markets the Euro easily could rise further.That would effect the export industry of Europe as much as it's dependent to US exports.
All other countries can purchase EU products like never before,as fast as the Euro is coming down against all other currencies.
Charts & details here:
http://lifeisajourney2010.blogspot.com/2011/03/strong-euro.html
But up to now is everthing all right.
No comments:
Post a Comment