Currencies

The tax increase in Japan could send the yen to an all-time high against the dollar.
The austerity measures will keep pressure on the euro to rise.
Yet it appears many folks don't understand currency fundamentals.
Why you should sell European stocks.
There is often more to them  than meets the eye.
At this point, I would not be looking to sell rallies.
The trade has gone against me this week, but I'm sticking with the long-term story.
I am still long-term bearish on euro/dollar and euro/yen.
Sometimes they are the same thing.
Right now, I believe it's the yen.

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