The euro attacks my 1.36 target

The euro has made good progress recently towards John C Burford's long-standing target. Here, he looks at where it's going next.

I've had a great break away from the markets in the sun. Now it's time to catch up with what's going on in my favourite markets.

Incidentally, while I was away I was not tempted to check on the markets. And that means that today I feel I can view them with (almost) fresh eyes.

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.