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|User Info||EUR/USD Trading; entered at 2008-07-17 14:17:41|
Hyvaa paivaa, Finn.|
I have been quite surprised that the EUR/USD has held up so well as it has with this dip in oil; recently they have correlated very tightly. Presumably, EUR/USD has been lent support by the sharp reversal in EUR/JPY.
I think if you aren't leveraged, then it's good to have some USD as part of your portfolio. As a leveraged idiot, I am flat this pair, pending confirmation of this being a double top.