So with current unrest in Egypt, trading currencies is proving to be either, very profitable or sending you to the poor house, shorting the Euro is the right move today while long the dollar is even a better trade. It is one thing to speak about how the dollar shouldn't be the measure of other currencies when the globe is at rest but a little uncertainty and the world goes back to assurance.
Not to say that this is a long term trend but for traders, like last time, shorting the Euro is making money.
Happy Trading...
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