John Taylor (FX Concepts): US Dollar Will Remain Weak Through November, Still Sees EUR/USD at Par
10/28/2010 10:36:00 AM | via @Dvolatility |
John Taylor who runs the biggest currency hedge fund in the world (FX Concepts) thinks QE2 is priced in and believes the US Dollar will remain weak through the end of November [EUR/USD tops out between 1.40-1.43]. Taylor still believes EUR/USD hits 1.0 (par). He was on BloombergTV talking with Erik Shatzker watch below. Oh and beware of currency wars fueled by protectionism. You hear that Central Bankers?