Sell the euro

  • The eurozone is stuck into low or even negative growth on the border of deflation.
  • Yet the ECB balance sheet has shrunk, this will not last as the risks are increasing.
  • Risks are a deflationary shock from the Russia crisis and tightening US monetary policy.
  • The euro will also suffer from a flight into the dollar as a result of its safe haven status in times of international crisis.

Sell The Euro | Seeking Alpha