Traders Diverge Most in 13 Months From Strategists on Euro
By Emma Charlton and Lukanyo Mnyanda - Sep 4, 2012 6:45 AM GMT-0300
At about $1.26, the 17-nation euro is 3.3 percent above the $1.22 median year-end estimate of more than 50 analysts compiled by Bloomberg, after the gap expanded to 3.8 percent last week. The last time the euro exceeded the consensus by that much was in July 2011, and it tumbled 9.4 percent in the next 10 weeks.
ECB: The International Role of the Euro
Comment: The majority is still overly pessimistic as to the euro. I guess I'll stay bullish.