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View Full Version : Euro May Drop for Third Day on Expectations ECB to Lower Rates - Bloomberg



NewsWhore
05-06-2009, 06:50 PM
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Euro May Drop for Third Day on Expectations ECB to Lower Rates (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DanBMwLPBZWp4%26refer%3Djapan&cid=1346403930&ei=GAgCSvuWEJidkAWCu-WjDw&usg=AFQjCNF8oAfoAQ-8GG3AivLSCvTFLP6GLQ)
Bloomberg - Ye Xie (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Ye Xie%22&hl=en&ned=us&ie=ISO-8859-1)
“On the margin, you want to be short on the euro,” said Benedikt Germanier, a currency strategist in Stamford, Connecticut, at UBS AG, the world&#39;s second-largest currency trader. “They eventually have to monetize their debts. Cyclical factors favor the ...


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