Despite the drama, the euro is virtually unchanged from its January level against the dollar. This strategist has a trade that should see more action.
You would think that with all the deadlines, crises, and ultimatums, the euro would have had a wild ride this year. But...you would be wrong.
The euro started the year at 1.3380 against the dollar, and it's now trading around 1.3370, says Willie Williams, director of institutional derivative sales at Societe Generale. "There's been a lot of pain to come out of this trade," he told CNBC's Simon Hobbs.
That's why Williams prefers a trade that should have a bit more movement. Specifically, Williams recommends selling the Swiss franc against the Mexican peso.