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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who started this subject3/3/2004 4:44:54 PM
From: CalculatedRisk  Read Replies (2) of 116555
 
Do you think that today might be the end of the Euro's drop?

I am expecting the trade number for January (out next Weds) to show little or no improvement. For December, we imported $23 B from the EU and exported $13 B, for a $10B deficit. This might improve some. But I expect it to be offset by larger deficits to oil producers and Asia.
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