Energy Could Push Euro to 0.90, Says Saxo Bank's Hardy

John Hardy, head of FX strategy at Saxo Bank, says the Euro's break with parity could be "quite considerable" as he sees the European energy crisis potentially pushing the currency lower. He speaks on "Bloomberg Markets: European Open."

[joseco]

I remember when I visited Europe back in 2005, the Euro was $1.49.... Europe seems to be going down the drain.

[AH-fmrj]

Real rate difference between FED and ECB is around 10%. With PPI being 37%, it will be real hard for EURO to stop the dropping even before the winter shock.

Real rate= nom. Rate+ 12*(QT+QE)/GDP

[soegriembaasman]

ontbind juow vier winden en laan ze lomen tot mij en de zonde terug keren tot de vaderloos