FX Asset Management Sees More Strength in Euro/Usd

Jan. 21, 2011 - PRLog -- – FX Asset Management Sees More Strength in Euro/Usd

FXAssetManagement.com Who Correctly Forecasted a Stronger US Dollar, Sees EUR Strengthening

As more comes out about Euro economies,  Euro has strengthened  against the USD after dropping to 1.2872 in 2011.

Forex Money Manager Fxassetmanagement.com, who recently forecasted a stronger US Dollar and weaker Euro this past October, and than saw it drop 10 cents or nearly 1,000 pips in less than 3 months, sees more upward movement.

Fxassetmanagement.com  says momentum, techinicals and perception of a better economic  plan for Europe  could  help push the EUR to  1.38 to 1.40 the point when Fxassetmanagement.com  went bearish in the fall. We could possibly see another 4-5 cent  move up, Fxassetmanagement.com says this could happen by March European Summit or sooner.

They are still advising to leave 80% assets in safe liquid investments and only speculate with the other 20% and warns investors, of the importance of risk management and capital preservation.

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About

FXAssetManagement.Com is a Forex Money Manager COMMODITY TRADING ADVISOR REGISTERED, NFA ID#: 0391484 specializing in, Managed Forex Accounts. They can be contacted via its website www.FXAssetManagement.com
Disclosure: Such information and opinions are subject to change without notice, are for general information only and are not intended as an offer or solicitation with respect to the purchase or sales of any foreign exchange transaction, or as personalized investment advice. FxAssetManagement Corporation, does not guarantee its accuracy or completeness, nor does FxAssetManagement Corporation assumes any liability for any loss that may result from the reliance by any person upon any such information or opinions