| Long Euro ETC rallies as Eurozone sentiment continues to improve-continued | |||||
| Market positioning remains negative the Euro, indicating that there is scope for further Euro gains as long as there is no new negative news from the Eurozone.
In the medium-term, however, with sovereign risks in Europe’s periphery still high, the underlying health of most Eurozone countries still weak and needed fiscal tightening likely to continue to drag growth down, recent Euro strength would appear to be temporary. |
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| Source: ETF Express | |||||