Given all the "smart" think-tanks and the vast majority expecting parity next year, probably the appeal of the opposite side of the trade doesn't need further analysis. Anyhow, the euro is tracking the fractal since 2012, as latest spike confirmed that the euro is also tracking December 2015 (posted already).
A commentary to ECB's taper tantrum or the "100.2% of surveyed economists" expecting a FED hike by next week is probably irrelevant, as talking about the next fed chair or another hold would probably be more interesting as 25bp are discounted already.
TGT: ideal 2015 highs
STOP: 12/4 lows
A commentary to ECB's taper tantrum or the "100.2% of surveyed economists" expecting a FED hike by next week is probably irrelevant, as talking about the next fed chair or another hold would probably be more interesting as 25bp are discounted already.
TGT: ideal 2015 highs
STOP: 12/4 lows
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