-
The Euro Has Not Yet Begun to Fall
The euro is taking a serious beating today, falling more than 1% to $1.2791, its lowest level in 15 months. But it’s still too expensive. Remember, back in the Spring of 2010, when euro-zone fears first really gripped the market’s imagination in a let’s-all-panic sort of way, the euro dipped below $1.20 against the US dollar. There’s no good argument for why it should be more valuable than that today, particularly with the euro-zone sinking into recession as we speak, while US economic data keep surprising to the upside. Julian Jessop at Capital Economics sees the euro hitting $1.10 before long:
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jan 5, 2012 11:36am Jan 5, 2012 11:36am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #2
- Quote
- Jan 5, 2012 11:42am Jan 5, 2012 11:42am
- Aaryan
- | Joined Aug 2010 | Status: Member | 138 Comments
- Comment #3
- Quote
- Jan 5, 2012 11:45am Jan 5, 2012 11:45am
- Sara singh
- | Joined Apr 2011 | Status: Member | 53 Comments
- Comment #4
- Quote
- Jan 5, 2012 11:45am Jan 5, 2012 11:45am
- gogax5
- | Joined Oct 2011 | Status: Member | 53 Comments
- Comment #5
- Quote
- Jan 5, 2012 11:47am Jan 5, 2012 11:47am
- gogax5
- | Joined Oct 2011 | Status: Member | 53 Comments
- Comment #6
- Quote
- Jan 5, 2012 11:53am Jan 5, 2012 11:53am
- Aaryan
- | Joined Aug 2010 | Status: Member | 138 Comments
- Comment #7
- Quote
- Jan 5, 2012 12:02pm Jan 5, 2012 12:02pm
- adminfx
- | Commercial Member | Joined Dec 2011 | 7 Comments
- Comment #8
- Quote
- Jan 5, 2012 12:04pm Jan 5, 2012 12:04pm
- tusharbhor
- | Joined Dec 2011 | Status: Member | 32 Comments
- Comment #9
- Quote
- Jan 5, 2012 12:20pm Jan 5, 2012 12:20pm
- Guest
- | IP XXX.XXX.31.58
- Comment #10
- Quote
- Jan 5, 2012 12:46pm Jan 5, 2012 12:46pm
- Guest
- | IP XXX.XX.58.138
- Comment #11
- Quote
- Jan 5, 2012 12:56pm Jan 5, 2012 12:56pm
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #12
- Quote
- Jan 5, 2012 1:14pm Jan 5, 2012 1:14pm
- Guest
- | IP XXX.XXX.255.124
- Comment #13
- Quote
- Jan 5, 2012 1:18pm Jan 5, 2012 1:18pm
- mima
- | Membership Revoked | Joined May 2008 | 966 Comments
The Market pays you to be disciplined
- Comment #14
- Quote
- Jan 5, 2012 1:26pm Jan 5, 2012 1:26pm
- clockwork71
- | Commercial Member | Joined May 2007 | 1176 Comments
- Comment #15
- Quote
- Jan 5, 2012 1:29pm Jan 5, 2012 1:29pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #16
- Quote
- Jan 5, 2012 1:58pm Jan 5, 2012 1:58pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #17
- Quote
- Jan 5, 2012 2:04pm Jan 5, 2012 2:04pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #18
- Quote
- Jan 5, 2012 2:18pm Jan 5, 2012 2:18pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #19
- Quote
- Jan 5, 2012 2:21pm Jan 5, 2012 2:21pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #20
- Quote
- Jan 5, 2012 2:24pm Jan 5, 2012 2:24pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #21
- Quote
- Jan 5, 2012 2:29pm Jan 5, 2012 2:29pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #22
- Quote
- Jan 5, 2012 2:38pm Jan 5, 2012 2:38pm
- kawser
- | Commercial Member | Joined Dec 2008 | 19 Comments
- Comment #23
- Quote
- Jan 5, 2012 3:06pm Jan 5, 2012 3:06pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #24
- Quote
- Jan 5, 2012 3:08pm Jan 5, 2012 3:08pm
- Guest
- | IP XX.XXX.183.147
- Comment #25
- Quote
- Jan 5, 2012 3:14pm Jan 5, 2012 3:14pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #26
- Quote
- Jan 5, 2012 3:43pm Jan 5, 2012 3:43pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #27
- Quote
- Jan 5, 2012 4:11pm Jan 5, 2012 4:11pm
- Guest
- | IP XXX.XXX.96.165
- Comment #28
- Quote
- Jan 5, 2012 4:19pm Jan 5, 2012 4:19pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #29
- Quote
- Jan 5, 2012 4:28pm Jan 5, 2012 4:28pm
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #30
- Quote
- Jan 5, 2012 4:35pm Jan 5, 2012 4:35pm
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #31
- Quote
- Jan 5, 2012 4:56pm Jan 5, 2012 4:56pm
- iron312719
- | Joined Oct 2011 | Status: Member | 35 Comments
- Comment #32
- Quote
- Jan 5, 2012 5:14pm Jan 5, 2012 5:14pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #33
- Quote
- Jan 5, 2012 6:04pm Jan 5, 2012 6:04pm
- fierceman
- | Joined Mar 2007 | Status: Seņor Member | 429 Comments
- Comment #34
- Quote
- Jan 5, 2012 6:18pm Jan 5, 2012 6:18pm
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #35
- Quote
- Jan 5, 2012 6:39pm Jan 5, 2012 6:39pm
- traider
- | Joined Nov 2006 | Status: Member | 313 Comments
The road to pipland is arduous and fraught with challenge.
- Comment #36
- Quote
- Jan 5, 2012 7:18pm Jan 5, 2012 7:18pm
- fierceman
- | Joined Mar 2007 | Status: Seņor Member | 429 Comments
- Comment #37
- Quote
- Jan 5, 2012 8:36pm Jan 5, 2012 8:36pm
- Guest
- | IP XXX.XXX.208.225
- Comment #38
- Quote
- Jan 5, 2012 9:45pm Jan 5, 2012 9:45pm
- Guest
- | IP XX.XXX.34.145
- Comment #39
- Quote
- Jan 5, 2012 10:00pm Jan 5, 2012 10:00pm
- traider
- | Joined Nov 2006 | Status: Member | 313 Comments
The road to pipland is arduous and fraught with challenge.
- Comment #40
- Quote
- Jan 5, 2012 11:23pm Jan 5, 2012 11:23pm
- mcmillan
- | Membership Revoked | Joined Jun 2006 | 13 Comments
- Comment #41
- Quote
- Jan 5, 2012 11:30pm Jan 5, 2012 11:30pm
- rajjeffrey
- | Joined Dec 2011 | Status: Junior Member | 1 Comment
- Comment #42
- Quote
- Jan 5, 2012 11:50pm Jan 5, 2012 11:50pm
- Guest
- | IP XX.XXX.217.145
- Comment #43
- Quote
- Jan 6, 2012 12:20am Jan 6, 2012 12:20am
- fierceman
- | Joined Mar 2007 | Status: Seņor Member | 429 Comments
- Comment #44
- Quote
- Jan 6, 2012 12:37am Jan 6, 2012 12:37am
- rchrdfrncs
- | Joined Mar 2011 | Status: Member | 314 Comments
- Comment #45
- Quote
- Jan 6, 2012 2:27am Jan 6, 2012 2:27am
- Guest
- | IP XXX.XXX.251.106
- Comment #46
- Quote
- Jan 6, 2012 2:32am Jan 6, 2012 2:32am
- Guest
- | IP XX.XXX.217.145
- Comment #47
- Quote
- Jan 6, 2012 2:36am Jan 6, 2012 2:36am
- falcon
- | Joined Nov 2009 | Status: Member | 149 Comments
- Comment #48
- Quote
- Jan 6, 2012 2:53am Jan 6, 2012 2:53am
- Guest
- | IP XXX.XXX.31.58
- Comment #49
- Quote
- Jan 6, 2012 7:39am Jan 6, 2012 7:39am
- qqsamudra
- Joined Sep 2009 | Status: Ordinary Trader | 1 Comment
It's Designed and Balance
- Comment #50
- Quote
- Jan 6, 2012 8:39am Jan 6, 2012 8:39am
- gfs
- | Commercial Member | Joined Jan 2012 | 63 Comments
- Comment #51
- Quote
- Jan 6, 2012 11:29am Jan 6, 2012 11:29am
- Guest
- | IP X.XX.81.69