Commodity Chart - Euro Futures: Long Term Chart
Euro Analysis - June 29, 2006
Euro Futures - The Euro had a nice run from 2002 and peaked around 1.37 in late 2004. It has since dropped and made a run back to about 1.30. Currently, it trades around 1.27. The common theme is to buy Euro and sell Dollars. If the Treasury states they want a strong dollar, things may chage quickly. Also, the Dollar is showing a possible double bottom on the long-term charts.