CME Trader on Currencies

Praxis Trading Partner Yra Harris on the future of the U.S. dollar.

U.S. dollar below 1.33 against the Euro

Slight recovery in the dollar this morning on the opening of the European market. The dollar was traded at 1.3268 against the euro, a slight recovery from yesterday's 1.3321.

Euro to See Further Rise against Dollar

Nov. 19 2010 | “From a long-term perspective, we’ve seen a very strong setback of the euro against the dollar,” Royce Tostrams, technical analyst at Tostrams Groep told CNBC. The upward trend was still intact however, he said, adding he was still positive about the evolution of the euro against the dollar.

The Dollar Is Going to Suffer says Axel Merk

"The Greek tragedy is going to continue [and] there will be some ups and some down," says Axel Merk, founder and president of Merk Investments and author of Sustainable Wealth.
"People should have much more confidence in the euro to stomach any shock that would come from Greece," he says. "Ultimately, people can print money much [easier] in the U.S. than elsewhere in the world and the U.S. dollar is going to suffer because of that," he explained

Martin Feldstein More worried about the US Dollar than the Euro despite the drop

Feldstein Says Euro's Fall an `Overreaction' Over Greece

March 11 (Bloomberg) -- Harvard University professor Martin Feldstein said the euros 4.6 percent decline against the dollar this year has been an "overreaction" stemming from the financial crisis in Greece. Bloomberg's Sara Eisen reports. (Source: Bloomberg)

Dollar and Euro soon at parity Says Gary Shilling

Dollar rebounds as the Euro Falls , sell Euros and buy Dollars says Gary shilling

Reports of a rescue for Greece is giving the Euro a bounce today versus the dollar. However, Shilling is not about to buy Euros; believing in tough times, investors will continue to flee to the greenback, simply because it's "the best of a bad lot."

With that in mind, Shilling is short the euro and long the dollar. As he tells Henry in this clip, dollar - euro parity is in the offing. "It will go down to one to one," he declares.

Traders Watch Euro-Dollar, Bonds Amid Greece Concerns

Feb. 1 (Bloomberg) -- Bloomberg's Sara Eisen reports on market concerns that cash-strapped countries like Greece won't pay their debts. (Source: Bloomberg)

Dollar Gains On Euro today

In mid-day trading on this Friday afternoon for January 15, 2010, we are seeing the US dollar extend gains against the euro, the British pound, and most major currencies. The dollar got a lift against the euro amid continued worries about Greece's fiscal situation and refuted rumors that Germanys Chancellor, Angela Merkel, was preparing to resign.