Has the Euro Gone Too Far?

Seasoned trader Adam Hewison, CEO, MarketClub, shares his take on the euro:

"We ended 2009 with the overriding consensus that the dollar was going to be under pressure and keep moving lower against the euro. Well guess what, the euro proved to be even weaker than the US dollar as it moved to levels not seen since May of 2009.

So what happened? Was conventional thinking wrong, or did the market get it right? We may be at a tipping point where conventional thinking could well be wrong again.

In this new video Hewison shares what he sees in the euro/dollar cross right now.

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