Euro may hit a rough patch in short term: Peter McGuire
Peter McGuire, chief market strategist, Fx Global, says the US dollar index has risen for the 12th straight day even in the eye of the uncertainty in Greece, while the euro may hit a rough patch at 1.2720 to the dollar. McGuire, however, ruled out that the two currencies would align with each other. He says the dollar may go down to 1.12 by the end of the year.
