EUR 0.00% 0.8987 euro

Ignore every desk trader and follow the trend. Goldman were...

  1. 1,937 Posts.
    Ignore every desk trader and follow the trend. Goldman were short EU at 1.27 so consider them useless or deliberately dangerous.

    USD you mean USDindex? if this is what you believe, then the only way USDi can rally upwards is with weaker CHF (up UC) AND weaker EUR (down EU). Or by some devine intervention/immaculate conception/black swan event the USD actually strengthens against these 2 - but this is where you will see it.

    The USDCHF and EURUSD make up 70% of the USDindex. There's no expert to tell you this. It would be safer to follow a breakout of trend in the EU and UC pairs.
 
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