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Aug 20, 2008 

Seeking Alpha: Five Forces Driving the Euro Down - Kathy Lien

For the complete report from Seeking Alpha click on this link

Five Forces Driving the Euro Down - by Kathy Lien

Five forces are driving the EUR/USD lower, and with no respite in sight for any of these trends, the currency pair should be headed for 1.45. These 5 factors are oil prices, eurozone and US economic data, market sentiment and the chances of a rate hike by the Federal Reserve before the end of the year.

Note EU-Digest Basically all bets are off given the volatility of present market forces and the financial stability in the banking sector.

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