Consumer Price Index (YoY) for the Eurozone on Tuesday 17 could be the starting point for a new bearish momentum. The quantitative-easing program, to stave off the depression and deflation That beset the euro zone is causing a depreciation of the euro beyond expectations, which could lead quickly in the short term to parity with the dollar. This Friday the dollar index closed above 100 points collaborating with this objective.
The Euro Could Fall Below $1, Perhaps as Low as 82 Cents on.barrons.com/1L9hAM5 vía @barronsonline
Goldman Sachs has just gone super-bear on the euro on.wsj.com/1MyrqEs vía @WSJMoneyBeat