One, which we have touched on a few times in recent months, entails buying the euro versus sterling. The consensus is too positive on Brexit, says the bank, while recent data point to the eurozone economy improving and the UK slowing.
Be careful of exposure going into the close today. - Next week brings another series of relevant data points, and the bullish theme in the Euro will be in the spotlight as Euro-Zone and German inflation data are released in the first half of the week.
The euro area should focus on implementing its banking union and consigning bailouts to the history books, rather than exploring ambitious ideas such as a common budget or shared liabilities, according to Finland's finance minister.
LONDON, May 25 The dollar was on the defensive on Thursday, with investors low on incentives to buy the greenback after the Federal Reserve dialled down some expectations that it would hike interest rates soon, while the euro began to climb back ...