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Euro Trending Towards Parity to the U.S. Dollar, Fast!

Currencies / Euro May 20, 2010 - 08:44 AM GMT

By: INO

Currencies

Best Financial Markets Analysis ArticleDon't be surprised when one euro equals one dollar... it could happen.

As everyone in the Western World knows, Europe has been having its share of major problems. All of Europe’s trials and tribulations have had a dramatic affect on the performance of the euro, recently putting it under severe pressure.


Unlike the United States, where we can print money and inflate ourselves out of most problems, the Eurozone is accountable to the 16 nations who gave up their own currency to join.

I have had a lot of calls and e-mails about doing a video on the euro, so I looked at the markets and made a video to share my thoughts with you.



In my latest video I'll explain how our "Trade Triangle" technology has been very accurate since the beginning of the year for the euro. Although we've nailed the market thus far, it leads to the big question: Have we seen the euro bottom out?

I hope my new video answers that question and highlights some of the reasons why I believe we could be seeing some strong opportunities in this market.

The video is available for viewing now and there is no charge or registration requirement.

If you'd like to comment on this video.

All the best,

Adam Hewison
President, INO.com
Co-creator, MarketClub

By INO.com

INO and Quote Providers furnish quotes and market analysis without responsibility for accuracy and is accepted by the site visitor on the condition that transmission or omissions shall not be made the basis for any claim, demand or cause for action. The information and data was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any futures or options..

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