Investors should position for a further EUR rally over the next month hitting the 1.35 level on the USD recycling by Asian central banks and the general calm in risk markets, said Brad Bechtel, head of sales at Faros Trading in an interview with Bloomberg TV. "What we have seen lately and what is driving the EUR in addition to the relative calm that we had is that risk market is rallying, equities market is rallying and Asian central banks are intervening in their local currencies and recycling their USD purchases into places like the EUR and the GBP. That is providing a tailwind for the EUR. So, my outlook for Q1 is ... (full story)