trends

Euro Poised to Increase, European Stocks Better than Forecasted

Currencies picture at doitinvest.comI was reading today some analysis about the euro currency prospects in the incoming day somewhere on Bloomberg. And boy, the things do not look good at all.
The prospects for the Euro are grim. The analsysts said on several web stories that the European currency is supposed to go down, from their current levels of 1,26 USD/EUR to 1,25, which is a psychological level (since it has not been achieved for more than 3 months, and even then – accidentally. The reason would be the bad results of the European banks, especially those of ING.Read More »Euro Poised to Increase, European Stocks Better than Forecasted