Ihave said so many times that the euro must go much more down due tofudamental reasons.
I think we will se an end og the rising UK prices as investorswill go to other markets with lower currencies. WE already see some weakness in the US housing market.
When the euro declines the market will buy houses in the south of Europe. I think
This is why the euro must go down as housingmarket and labour market is strongly correlated.
I still have some of my shorts EUR/USD.
I think we will se an end og the rising UK prices as investorswill go to other markets with lower currencies. WE already see some weakness in the US housing market.
When the euro declines the market will buy houses in the south of Europe. I think
This is why the euro must go down as housingmarket and labour market is strongly correlated.
I still have some of my shorts EUR/USD.