What Comes Next After Short Term Euro Strength?
May 08, 2015 at 06:30 AM EDT
It was six weeks ago that we wrote in our daily commentary that the one-sided nature of the short side of the EUR had become so egregiously extended that a rally back toward the 1.1000-1.1200 level would not be all that surprising. We were not sufficiently certain of that fact to suggest going long...
