I’m not an economist – but sell EUR/USD

Don’t get me wrong – some of my best friends are European. But I may be a little economically prejudiced against them. Their labour markets are rigid, inefficient and too costly. Their social safety nets are in some cases absurdly extravagant. The growth outlook is poor, and they have no mechanism for adjusting for the differing performances of countries within the Union. That’s why I like sell signals on EUR/USD.

- See more at: http://www.forexnews.com/blog/2014/03/07/top-trade-idea-march-7th-2014-eurusd/#sthash.ANjvzJrS.dpuf

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