Even in a volatile, headline-driven market, short-term trading opportunities crop up. Here's one strategist's near term plan.
Another day, another headline or three to jar the currency markets. Today it's word that the European Central Bank may lend money to the International Monetary Fund as a way of funding Italy's bailout, which is lifting the euro.
But Rebecca Patterson, chief markets strategist for J.P. Morgan Asset Management, Institutional, isn't so sure such a move would provide a lasting lift. "The European Central Bank has to be part of the solution here, but obviously there are a lot of other pieces that have to fall into place," like governments carrying out austerity plans and improved governance, she told CNBC's Simon Hobbs.