The best reason to buy euros is because this man likes ‘em! Premier Wen Jiabao, the leader of China said last night that China and Western Countries should work together to enhance the world’s confidence in the euro and the European Union’s economy. China will be working directly with Spain on [...]

Posted in 2009 eurusd forecasts, eur/usd 2 Comments »

I was on CNBC Squawk Box this morning talking about the outlook for the euro. Boris and I did a Double Take today with me on the 7:30 and him on the 6:30. Here’s my clip. Enjoy!

Posted in 2009 eurusd forecasts, eur/usd, forex blog 1 Comment »

The euro has come along way since the end of June when it was trading below 1.20. Here are a few reasons why the EUR/USD has rallied:
1. Investors are Growing Less Nervous about the PIIGS - Credit Default Spreads are narrowing

2. Weaker U.S. data has turned the market’s focus to problems in the U.S.
3. [...]

Posted in 2009 eurusd forecasts, eur/usd 8 Comments »

I was on CNBC today talking about my outlook for the euro and aussie. Here are 2 clips

Posted in 2009 eurusd forecasts, Australian Dollar, aud/usd, eur/usd 6 Comments »

How much further can the euro fall? I spoke with Bloomberg on Friday about the outlook for the currency pair and potential targets. Enjoy:

Find more videos like this on www.truveo.com.

Posted in 2009 eurusd forecasts, ECB, forex blog 6 Comments »