Niels Christensen Euro Quotations

No one can find a good reason to buy the euro at the moment. The only thing that could turn the tide is intervention, possibly accompanied by soft U.S. data.

No one can find a good reason to buy the euro at the moment, ... The only thing that could turn the tide is intervention, possibly accompanied by soft U.S. data.

We have had disappointing data in the United States this week and in the euro zone we have had comforting news. If we get a weak GDP number no one would want to hold onto long dollar positions next week.

The impact on the euro from last week's rate hike is evaporating ... There's nothing to intensify rate hike expectations in the euro zone.