Tag Archives: Euro/$ exchange rate

05Jun/14

060514 – CGI Morning Market Commentary: USD/EUR, Euro rates

060514 CGI Morning Market Commentary Buy Euro, Sell US$, Buy Bonds, Sell select equities’ indices into period of seasonal weakness

Global Strategist Carlo Besenius looks at the Euro/$USD rate in light of the recent moves by the ECB to lower rates, and the dynamics of the US trade deficit. We keep our year end forecast of $1.42.  Equity indices are entering their period of seasonal weakness.