John Taylor of FX Concepts was on Bloomberg TV.

  • EUR should be a lot lower than it is.
  • Distinct chance of 1.20 to parity in the next 18 months.
  • Says banks bringing back assets to Europe because they can’t raise cash.
  • Likes CAD and nordic currencies
  • Worried about AUD, NZD
  • He’s long AUD/NZD