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

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/12...

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G20 exchange rate policies need to be better aligned: U.S. official

MOSCOW (Reuters) - There is better understanding among Group of 20 nations that the foreign exchange rate systems of the world's largest economies need to be better aligned, a senior U.S. administration official said on Saturday after G20 finance leaders met in Moscow. While the Group of Seven industrialized countries - the United States, Britain, Italy, Germany, Japan, France and Canada -...

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