Friday, October 24, 2008

forex EUR-USD Fundamental Analysis

After a long years of devaluation for the US dollar, it is now pay back time. The dollar is moving on the right track in searching for the ideal equilibrium point against any other currencies in the world such as Euro, Pound Sterling, Japanese Yen, Aussie dollar, etc.

A small improvement of the economic data in the Euro zone did not even make any impact on the Euro-Us Dollar pair. As you can see below comparison of Euro Zone economic data figures and the movement of Euro-USD still very much stronger.

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