Here’s a view from Swiss Global Asset Management’s Joe Corbach… who’s been long of Euros since November and is considering closing his position
“I could imagine another 2-3% for the euro, but I don’t expect a continuous rally, we do not expect the euro to go beyond $1.40.”
Reto Feller of Westpac says… “From an economic point of view, Europe is not in a better place now than it was six months ago. “We are reaching a level where officials may start becoming outspoken in the next few weeks” about the currency’s strength.
He expects the euro to reach around $1.37 before starting to weaken.
For the full WSJ story ‘google’ the headline above
