We are starting to hear some chatter now that the dollar is over valued and one should start thinking about buying the Euro and selling the US Dollar. When there is chatter, we like to take a look because we want to see if the narrative is split between the bulls and the bears, to this the market pricing in a consensus. From there we can make a judgment about the merits of putting capital in harm's way. For those that follow our work, know we think there are three important factors in building a case for a trade.
