I'm still skeptical whether we will see a hike from the ECB this year. The fact the ECB won't deliver on rate hikes this year will probably pull the euro back.
There may be some help for the euro if the European Central Bank raises interest rates,
Markets are nervous about the outlook for euro entry. The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
Markets are nervous about the outlook for euro entry, ... The market is pricing in the possibility of a remote chance of entry into the euro in the next parliament.
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.
If European companies start to cut dividend yields this could start to hold the market back. The dividend yield cut story is just another excuse for investors to sell stocks.
We still hold firm to the belief that the euro will fall to 80 cents. At that level the ECB is most likely to intervene.
We still hold firm to the belief that the euro will fall to 80 cents, ... At that level the ECB is most likely to intervene.
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.