Category: Currency Currents
- Published: 15 June 2009
- Written by Editor
Euro Uht Oh!
Soaring unemployment in Europe, with still huge banking exposure, rising political tensions, fiscal concerns among the PIGS, a little country called Latvia that may be the canary in the coal mine for its Eastern European neighbors so similarly afflicted and a Russian finance minister reaffirming his commitment to the US dollar and what do you get? Maybe a top in the euro!