We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro.
People are clutching at straws if they think that the G20 will offer some kind of supportive comment for the euro. There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar -- Australia for one.
The euro will strengthen against the dollar and should hit parity some time in the summer, ... The euro zone is experiencing robust growth, but globally the markets seem to like the dollar at the moment.
There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar - Australia for one.