Euro may be the ‘rock star’ of currencies

Posted by Forexsq 1038 days ago (
img This week the self-styled global elite and their accompanying media hordes gather in Davos, Switzerland, for several days of schmoozing and pontificating about the state of the world in 2013.

In many ways, things are better than in 2012. Though unemployment remains high in some countries and the global recovery looks fragile, some big political uncertainties (like the U.S. election) are off the table, and the dysfunctional U.S. Congress has stepped back twice from the fiscal brink.

But most important, the euro zone doesn’t look like it’s going to implode. In fact, the Economist reported, “the invalids in Europe’s medical ward are making a remarkable recovery.”

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