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Wednesday, May 5, 2010

Look at that... target almost hit...

Look at that !

Remember the trolls last year claiming for the end of the US Dollar? Where are they now? Where is hyperinflation that would send the dollar down the toilet? I don't see them...

Today the Euro hit 1.28 against the dollar. My long term target last year was below the 1.24 area as minimum target. We are now almost hitting that target...

Here's a snapshot for prosperity:



Here's the graph posted back in February claiming a rise to 85 level on USD Index. This level may be indeed a mid-term top for USD (bottom for € in this case):
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