Paris Is Burning And The Dollar's On Fire Against The Euro 11/15/2005

Paris is burning and the Dollar's on fire against the Euro, setting new a two year low at 1.1640. Consensus among real money traders targets the EUR/USD breaking through 1.1400 in the short-term. However, the confirmation hearings of the Fed's newest Chairman, Ben Bernanke, set to begin today, may have an effect on bull Dollar traders' confidence in a sustained rally. Read More....