The strong euro will climb up the snake on strong capital inflows into Europe throughout most of 2013 after falling briefly over the first couple of months of the year, said Chris Zwermann, global strategist at Zwermann Financial in an interview with CNBC. As such, he expected the euro to fall around the 1.27 level against the US dollar by mid-February before recovering towards the 1.3380 level which upon its break, the single currency will shoot close to 1.48 (1.4777) by the end of August. "The reason we will see a strong euro this year is that we will see a lot of capital coming back to Europe towards the stock ... (full story)