Investors should stay bullish on the euro over the coming months as the single currency is poised to trade as a "sum of parts" rather than as a "tail risk" currency, says Deutsche Bank. DB outlines 3 mains reasons behind this call: First, the ongoing reduction in eurozone tail risk premia supported by the successful conclusion to a new Greek aid package. Second, from a relative monetary policy standpoint, the Fed likely to announce a new round of quantitative easing this month, while maintaining the prospect of even more accommodation ahead of the fiscal cliff negotiations. In contrast, DB expects the eurozone to ... (full story)