Euro to fall below dollar?

[Henry C.K. Liu]

In the short term, the dollar will rise for maybe another 2 weeks, but the rise
will not extend into April.
For the medium term, in the next 12 months, the dollar will fall by perhaps
10%.
For the long term, 3 years, the dollar will be down 20-30%.

My own money is behind this view and I can be wrong (hope not.)

Henry

Doug Henwood wrote:


> Chris Burford wrote:
>
> >Are these analyses to be believed?
>
> Chris, forecasts from "City analysts" are generally worthless. If they were
> systematically wrong, they might be useful (just reverse everything they
> say), but they're not even that good. Forecasts usually reflect market
> sentiment, which is usually a product of the last 5 trading hours (5 days
> for the really long-termers). Try to remember the end of December - the
> euro was going to have a strong debut, no?
>
> Doug