everyone far too bearish on euro
going long today
everyone far too bearish on euro
going long today
If I sell eur/usd and the euro-zone collapses, how much do I stand to make? Will price go to 0 or will it get suspended on the market and then i'm left in limbo similar to when shares get suspended?
Personally, I'd be looking to not be in a trade on the currency itself - you might miss out if it does indeed go down the toilet. All the Euro positions will need to be unwound/cancelled somehow and you might find that this process gives little fish the shaft.
So - if you think Euro will go down le lav, can you not make money without a direct Euro bet?
EURO is not going to completely collapse. There is just too much at stake. My take is that it will reach 1.000 vs dollar or below it and then make its move upward to double. it can take several years.
it would not reach 1 because the economy would be booming before it even reached there
people are thinking
economic problems cause = > weak currency
but the truth is
strong currency causes => economic problems
because everything in the loopy floating currency system is mirror image set up to reward the country who trashes their currency most and punish ones who protect it.