EUR and USD fighting for control...

Not to get all geopolitical on everyone, but I see some things happening that warrant discussion.

USD has been the primary method of valuation and exchange for decades. Everything has been valued against it. It appears, now, that EUR is fighting USD for this global position. EUR/USD has become too volatile for me to trade lately, it is politicized excessively, and all cross pairs play one against the other.

It is incredibly difficult to tell what EUR/USD will do from day to day, or even from week to week. That's because every other country is using one or the other as a proxy, or playing them against one another. I prefer other pairs, even though this one is a favored trade.

EUR has way too many variables, German GDP, French inflation, Italian industrial production, etc. Impossible to track. USD has a bunch of political idiocy lately, plus Bernanke can't put together a sentence that makes sense.

Anyone's and everyone's perspectives on this would be appreciated...

I see where you are going with this but it is just not so, - yet.
The Euro does have the potential to become a more dominant player but the dollar is still king. And I mean king by a very large margin. The world runs on the USD.

If you want to see the big picture set up your screen to have the 4 major dollar crosses displayed side by side. eur/usd, usd/chf, gbp/usd & usd/jpy

watch them day after day and you will quicly discover it is all about the dollar.

Euro is contending though. That's my whole point, bro. This latest EUR/JPY situation over the last couple of months is an example. I totally agree that USD still holds prominence, but Euro really is poised to make a run at that. It's just something to consider in the long-term, not something to trade on in the short-term...