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Probably why all of the 2012 forecasts have the EUR/USD in the 1.25-1.35 range by year end. No shit, right?

http://www.dailycollateral.com/2012/03/02/soc-gen-eurusd-going-to-1-30-in-the-next-week-or-so-in-line-with-falling-spreads Seems like consensus is re-emerging on a euro short; thoughts?

Dylan Grice says there is "no way out" for Japan in his latest note from this afternoon, says easing is about to go ballistic even compared to what it is now and the BoJ is about to get "marginalised-then-brutalised"...