Europe is doing well

Eurozone current account surplus was $US 6 billion in January 2012, its highest level since 2007.



I already talked about the euro being much stronger than the USD in this article. Looks like my predictions are coming true. The euro also surged 0.5% earlier. And yesterday it surged 1%. It's now almost back at ratio 1.33.



And it will continue going up in my opinion.

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