With the whole world short euros last week, the "inevitable" bounce has occurred, writes Robert...

|By:, SA News Editor

With the whole world short euros last week, the "inevitable" bounce has occurred, writes Robert Sinn. For those still bearish, the question now becomes where does the move higher stop. A push above $1.30 failed this morning, but should the euro get to around the $1.3060 area, it might provide a nice short entry. FXE +1.9% this week.