GO
Loading...

Enter multiple symbols separated by commas

Pros Say: Short Euro-Yen This Week

The euro fell against the dollar and the yen Monday ahead of the European Central Bank's interest-rate decision on Thursday. Experts tell CNBC that the single euro-zone currency will experience headwinds this year.

Short Euro-Yen This Week

Short the euro against the yen this week, suggests John Noonan, senior FX analyst at Thomson Reuters. He explains his bearish outlook got the euro.

Expect Significant Headwinds for the Euro

John Horner, FX strategist at Deutsche Bank sees significant headwinds for the euro in the year ahead as he thinks the ECB will lower rates to sub 1%. He speaks to CNBC about where the major crosses are headed in 2009.

ECB Likely to Ease Rates by 50 bps

Dwyfor Evans, VP & senior macro strategist at State Street Global Markets expects the European Central Bank to make a 50 basis-point rate cut Thursday, but this is unlikely to have a material impact on the euro.

ECB to Cut Rates to 2%

Thio Chin Loo, senior currency strategist BNP Paribas Singapore predicts the ECB will cut rates by 50 basis points this week. She tells CNBC why rates will eventually bottom out at 1% and why the euro will continue to weaken.

Contact Europe News

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    To learn more about how we use your information,
    please read our Privacy Policy.

Europe Video

  • Should supermarkets warn on sugar content?

    Kawther Hashem, nutritionist and researcher for "Action on Sugar," explains why transparent labeling on sugary foods should be more widely used in U.K. supermarkets.

  • Teva to buy Allergan Generics for $40.5B

    Teva Pharmaceutical has announced plans to acquire Allergan's generic drug business for $40.5 billion. Ronny Gal, stock analyst at Sanford C. Bernstein, discusses.

  • China markets in frenzied fall

    On Monday, the Shanghai Composite had its biggest one-day drop since Feb 2007, yet Douglas Morton, head of Asia research at Aviate Global, explains why the moves aren't that extraordinary.