currency trading...

Euro-Dollar currency trading lost money since 2003 due to the lack of sustained trends. The rangebound behavior of the euro-dollar exchange rate in the past three years stems from two countervailing fundamental forces that prevented dollar from either rising or falling. First, on the negative side, is the deteriorating trend in the U.S. current-account balance. On the positive side is the comfortably wide spread between U.S. and euro-are interest rates. When these two forces move in a tandem, it is a good timing to trade euro-dollar.