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Posted on: Saturday, February 06, 2010 12:23 AM
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Subject: 24609681 UBS Investment Research Seven Reasons to Sell the EURO
| Global FX Strategy Research Global UBS Investment Research Research Note Foreign Exchange Foreign Exchange Note Seven Reasons To Sell The Euro Mansoor Mohi-uddin, Zurich Q 21 December 2009 www.ubs.com/fx +41-44-239-9547 Chart 2: US Mutual Fund Allocations Asset Diversification, US Mutual Funds 30% DXY (Inverted) 80 P r o p o r t io n In F o r e ig n M a r k e t s ( % ) The euro has fallen sharply towards our three month target of 1.40 against the dollar. But investors should continue to sell the single currency for seven key reasons. First, the Federal Reserve looks set to raise interes |
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