Latest Forex Charts and John Taylor, FX Concepts (15:37)
Interesting interview with John Taylor, Chairman & CEO of FX Concepts (largest FX hedge fund in the world), on Bloomberg last Thursday. He thinks:
- Euro will continue to rally until June 2011 and peak around $1.45
- ECB will raise rates and repeat the mistake made in 2008
- US Dollar will continue to weaken and help the US export economy, and
- US stock market will continue to rally but economic news will start to worsen
Good luck with your Emini trading next week.