The Euro Is Exploding Higher, As Big Doubters Throw In The Towel

This has been the story for several days now, but… the euro is exploding higher again.

And big doubters are throwing in the towel.

In his note today, famous euro-sceptic Dennis Gartman said he was very close to covering his entire short position. And in a note to clients, Morgan Stanley’s FX team said it was covering a short that it had recommended last week.


NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

euro moneygame-us