As more comes out about Euro economies, the Euro has dropped against the USD and now stands at 1.2550.
As a Forex Money Manager Fxassetmanagement.com, we recently forecasted a stronger US Dollar and weaker Euro , we now see upward movement for EUR/USD. Fxassetmanagement.com says momentum, techinicals and perception of a better economic plan for Europe could help push the EUR/USD over the near term to $1.30-$1.31 and than longer term to $1.34
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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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
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