-
'Widow-Maker' Is Back? Why The EUR Isn't Weakening? - BofA Merrill
In a note to clients today, Bank of America Merrill Lynch looked at key EUR determinants and discussed the reasons behind the current resilience of the single currency and its outlook for the rest of the year. Widow-maker is back? "Life has not been easy for Euro bears. Shorting the Euro was a “widow-maker” in the years before May 2014. It was one of the best FX trades from May 2014 to March 2015. And it has been going nowhere since then, with EUR/USD stuck in a narrow range. More recently, the Euro has remained relatively resilient, despite a substantial deterioration of the situation in Greece," BofA notes. Why ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 9, 2015 2:22am Jul 9, 2015 2:22am
- Bakker
- Joined Jun 2011 | Status: Member | 3252 Comments
- Comment #2
- Quote
- Jul 9, 2015 2:44am Jul 9, 2015 2:44am
- aimar
- | Joined Jun 2015 | Status: Member | 20 Comments
- Comment #3
- Quote
- Jul 9, 2015 2:52am Jul 9, 2015 2:52am
- SickOfScam
- | Membership Revoked | Joined Aug 2013 | 492 Comments
perhaps my English is not perfect - but I know the Jungle
- Comment #4
- Quote
- Jul 9, 2015 5:46am Jul 9, 2015 5:46am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #5
- Quote
- Jul 9, 2015 7:12am Jul 9, 2015 7:12am
- Pharm0r
- Joined Apr 2013 | Status: I'm learnding! | 196 Comments
- Comment #6
- Quote
- Jul 9, 2015 8:41am Jul 9, 2015 8:41am
- pippiphooray
- | Joined Jul 2008 | Status: Member | 324 Comments
- Comment #7
- Quote
- Jul 9, 2015 8:46am Jul 9, 2015 8:46am
- CoolJL
- | Joined May 2011 | Status: Member | 811 Comments
- Comment #8
- Quote
- Jul 9, 2015 10:27am Jul 9, 2015 10:27am
- pyb1314
- | Joined Apr 2012 | Status: Member | 17 Comments