It's 2011 all over again as the euro continues one of the more improbable rallies of 2012,...

|By:, SA News Editor

It's 2011 all over again as the euro continues one of the more improbable rallies of 2012, hitting another new high of $1.3413. The rally in 2011, however, came amidst a stronger EU economy and an ECB that was set to tighten policy. Today's ECB, on the other hand, is pumping out euros, with maybe even easier policy on tap.