Cross Assets Analysis Suggests That A Weaker EUR/USD Is A Done Deal

08:31 |

The disconnect suggests that the EUR/USD should be around 1.28. The problem is, gold already sent several wrong signal in October and December 2012.
Any negative feelings on the EUR/USD should be accompanied by a similar vision (bearish) on the S&P 500. The correlation is good, as can be seen in the chart below, and the disconnect is only recent and limited.

Continue read ... click follwing http://seekingalpha.com/article/1206361-cross-assets-analysis-suggests-that-a-weaker-eur-usd-is-a-done-deal?source=yahoo

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