Disliked{quote} I know not a lot about fundamental actually. But as I seen here, many only comment about from import export perspective and will have bad economic EUR/USD or the cables went strong. But how about if we think other way? It is not good in manufacturing perspective too if the currency rate are too low. Just 2 cents worth of view.Ignored
Toyota land cruiser Jeep is the most reliable and the hugest in sales ... jpy is devaluated for export reasons.
Mercedes are great cars yet most now are not fabricated in Germany, why? cos ECB by pushing euro up damage the europeen industry and forced German companies to open in other places where more profits can be added to the company.
Renault a very unreliable car and the lowest in sales, stayed in France in most as fabrication? as it's bad quality and high price... who buy a Renault?
Mini company which is Austin company did collapse cos of gbp high appreciations, we endup with gbpusd at 1.68 but UK lost the most imp industry they had Jagwar Austin and other, even the Bank of England sacrifice all the island to sell properties at high prices "Cash" for strangers as if selling all London to make more profits for the bank... what worth the bank of England if all England is sold?
Briefly the economy is only to manage our daily life as human, and everything is connected in economy now bankers need to choose or profits or saving the economy especially in Europe and UK.
Forex
anyway, she back there again and those twin legs Im thinking were player legs market screwers, , so maybe, if UC is near to bouncing, and eu is possible preparing to dive bomb, via usd appreciation this girl could produce a pretty nice bounce here if not well euro going to the moon
and usd will be the new Zimbabwe dollar
