Results are out, It looks like the UK ended up in a hung parliment with the Tory party missing over 20 votes for an overall majority. The Greek debt crises still looming, along with the fiscal uncertainty in the UK will not help stabilize the UK/EUR region.
For my perspective, I see a possible new lower dollar trading range vs. these major pairs as it will takes years of recovery from a fundamental perspective. Of course this is not taking into the account of speculation and over exuberance on the sentiment side. All in all though, I still say dollar strength for most of 2010. Will look for a more specific time frame and price range once finals is over.
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Alexander Lê
Managing Partner
Analyze Capital LLC
email: analyzecapital@gmail.com
Alex do you excel this graph? Love your hustle.
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