Boeing Strike Not Good for USD

Boeing strike hurts US export outlook. Not good for USD. As currency trader shorting EUR/USD, labor union strike in US is bad, strike in the Euro Zone and fuel the downward EUR spiral is good. As a supporter of free market capitalism, I believe unions are not good for economy in general. Don’t send me hate mail. I’m not against union and I believe it is a God given right for organized workers to strike. I’m just trying to make a buck by putting my capital at the right side of a trade.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: