We ended 2009 with the overriding consensus that the dollar was going to be under pressure and keep moving lower against the euro. Well guess what, the euro proved to be even weaker than the US dollar as it moved to levels not seen since May of 2009.
So what happened? Was conventional thinking wrong, or did the market get it right? We may be at a tipping point where conventional thinking could well be wrong again.
In my new video I share with you what I see in the euro/dollar cross right now.
http://www.ino.com/has-the-euro-gone-too-far.html
As always our videos are free to watch and there are no registration requirements. I would really like to hear back from you, with regards to your thoughts on this cross-rate. Your comments are welcome on our blog.
All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub.com
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