[B]Predictions[/B] Prediction is a dangerous game, particularly for currency analysts. But in honor of the year end we will dignify a few guesses about 2009 with the term long term analysis. This one time in the year we will ignore the honored analyst’s dictum: provide a price or a date but never both. The European Central Bank (ECB) has again succumbed to the seductive belief that the EMU economies live in a parallel universe. It is a universe where the United States and Japan can fall off the economic cliff but the Europeans can dance on the edge. Recent talk from the ECB governors has been all about inflation. The ... (full story)