EUR/USD Hits 2 Year Highs, Growing Chance of Coordinated Cuts

EUR/USD Hits 2 Year Highs, Growing Chance of Coordinated Cuts

Published by DavidWaring
10-27-2008

EUR/USD Hits 2 Year Highs, Growing Chance of Coordinated Cuts

EUR/USD Hits 2 Year Highs, Growing Chance of Coordinated Cuts

The US dollar is on steroids this morning as the sell-off in global equities sends the dollar to a 2 year high against the Euro. The EUR/USD is within 3 percent of its fair value of 1.20 while the GBP/USD and USD/JPY are now undervalued ...

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