date:Apr 18, 2014
of the factors driving the euro exchange rate to levels that have set off alarm bells at the European Central Bank are unlikely to go away on their own, part of the reason the bank has been threatening action.
The strong euro is not helping the export markets. It would be less of an issue if we were seeing decent growth in emerging markets that was reflected in corporate numbers, but unfortunately there are major headwinds for European companies, said Manoj Ladwa, head of trading at TJM Partne