Euro Still Trading Like a Risk Currency: Strategist

1:00 AM ET Fri, 20 July 2012

"The Euro is still trading like a risk currency, we still have plenty of event risk up ahead as far as the euro zone is concerned, the German constitutional court ruling for starters and a lot of people think it is only amount of time before Spain embarks on a full-fledged bailout program," Geoffrey Yu, FX strategist at UBS, told CNBC.