Excerpt from:  Spread Betting European Stocks
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August 29, 2006

Euro Up and Expected to Rise

CFD orders should favour the euro
Most currency traders have realised that the euro is pretty much the currency of the year. When placing orders for contracts for differences, favouring the euro can help you make money on the euro's gains. The euro is up against the U.S. dollar especially, and expected to continue to make gains, possibly breaking the $1.30 level. Additionally, the euro has been making steady gains against other major currencies, including the yen. CFD orders should take this into account.

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