Fade the Euro Rally
By Frank Pavilonis • Jun 18th, 2010 • Category: Broker Commentary, Market Updatesby Frank Pavilonis The Euro has seen a recent bounce, along with the U.S. stock market. However, I think the euro rally will fade given the still-shaky economic situation in the Eurozone. Overall, I think the trend is still bearish, but right now we are seeing a bit of a short squeeze. The debt crisis [...]
