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The euro's (FXE) continued sharp decline - off  nearly 10 big numbers since early February...

The euro's (FXE) continued sharp decline - off  nearly 10 big numbers since early February - has the bears feeling their oats. Guggenheim's Scott Minerd - burned badly shorting the common currency in 2011 - says he got short again at $1.34 and sees the euro going to parity with the greenback as the ECB will eventually have to buy up peripheral government debt.
Comments (1)
  • Joe2922
    , contributor
    Comments (419) | Send Message
     
    Man, the euro/yen cross is leading U.S. market perfectly.
    27 Mar 2013, 08:20 AM Reply Like
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