Euro Rally: Temporary or Permanent?

July 17, 2010
[Story ID: 5232]

Since the beginning of June, the Euro has rallied by an impressive 8% against the US Dollar, and by comparable margins against other currencies. The question on every one’s minds, of course, is whether this represents a temporary pullback or a permanent correction.

The arguments in favor of the former are pretty strong. Namely, EUR/USD bearish [...]

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