What's Next for the Euro
From efxnews.com
It's beginning to feel a little more like 2011 this morning. The euro is down, as are European stocks and US futures. Traders/robots may be back to worrying about Europe after spending the early weeks of this year assuming the problems there were mostly solved/kicked down the road. Or maybe traders/bots have simply priced in all the good news we've gotten so far out of Europe, making the bar for future gains a little higher. That's the view of Marc Chandler, global head of currency strategy at Brown Brothers Harriman, who writes in a note this morning that the euro's rebound has gone as far as it's going to go, with ...
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