Re: The Kroner is Tanking

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lifenergy

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Re: The Kroner is Tanking

in response to

The Kroner is Tanking

Trade Wizard

posted on Feb 20, 2010 05:40PM

Ciao, Trade Wizard!

Do you speak Italian?

Yes, Euro and NOK are becoming weak after years of Europe supervalutation.

Usd (and Cad) are notoriously stronger. History tells it.

After last years of speculation and carry trade, and artificial weak Usd to incentive USA export, I believe we will see soon a new range between USA and Europe, with a change 1= 1 between USD and Euro.

Life

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