Euro on a run

And Aveng ready for rally to come

Finweek English Edition - - Companies&markets -

WE LOOK AT TWO largely un­re­lated (or, at best, in­di­rectly re­lated) charts. They are the euro, which con­tin­ues to surge to new re­cov­ery highs against the US dol­lar. We also look at Aveng, which is the top-per­form­ing stock in South Africa’s construction sec­tor, grad­u­ally lead­ing that in­dus­try out of its slump.

The charts show we must ex­pect the euro/US dol­lar to con­tinue mak­ing its way higher in the months ahead. That’s good news for the global econ­omy. Mean­while, Aveng is lin­ing up a short-term trad­ing op­por­tu­nity. * Please note: For more rec­om­men­da­tions and charts by the au­thor on shares, stock in­dices and com­modi­ties please go to www.the­mar­ket.co.za.

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