It is true that the out of west world has changed fundamentally in attitude, economy, etc. I think the analysis I did is among the westen world (US vs. Europe), which one will have the upper hand in terms of currency. So, I think the question is then not whether the US will or will not be back to the area of the 90s, but will it be better off than europe? Europe is aging and fragmented, and does not have the lands and innovation as well as the usa. I would not sell short the USA easily vs europe.
That is why I think EUR/USD's likely path is down. In any case, we trade on technicals, and one should not have a static view of the world.
The balance would be: asian (where the new consumer to be aquired will be), Arabs/muslim (Oil and ambition), America as a maestro (using a stick as director of orchestra and not as man who punishes), South american (aspiring for better future and walking on its feet), and Europe and Japan (old men with glorious past to talk about with the hope of having others listen to them), Africa (it can never be worse than the past), and Russia (a bit of everything)
That is why I think EUR/USD's likely path is down. In any case, we trade on technicals, and one should not have a static view of the world.
The balance would be: asian (where the new consumer to be aquired will be), Arabs/muslim (Oil and ambition), America as a maestro (using a stick as director of orchestra and not as man who punishes), South american (aspiring for better future and walking on its feet), and Europe and Japan (old men with glorious past to talk about with the hope of having others listen to them), Africa (it can never be worse than the past), and Russia (a bit of everything)
