Different Point of View
On CNBC today, Economist Warren Mosler, founder and principal of broker/dealer AVM says austerity measures will likely push EUR/USD back to 1.60. Mosl;er says the trend into gold or dollars is nearly over. Hmmmmmmmmmmmmm
On CNBC today, Economist Warren Mosler, founder and principal of broker/dealer AVM says austerity measures will likely push EUR/USD back to 1.60. Mosl;er says the trend into gold or dollars is nearly over. Hmmmmmmmmmmmmm
7 Responses to “Different Point of View”
maybe he was long at 1.60 and wants price to go up so he can get out at break even
Hi Peter, there is one question – if it will be in 1 months or in 1 year or in 5 years. Pet
Sure as soon as he financial market realises that the US also have massive debt problem…whenever that will be…
Never say never, no matter how ludicrous it may seem.
That´s it, Tomcat, you can bring Japan, UK and the result – EUR will be second star after CAD + AUD. Pet
Hi guys, I was interviewed for an hour and a lot of the context was lost.
It was not a trading call. I would not buy the euro at this time. The chart looks terrible. I’d wait for it to look better technically.
http://www.moslereconomics.com
“Never say never, no matter how ludicrous it may seem.” Blackday on June 4th, 2010 10:12 GMT
I think in this instance we might have to make an exception …