(Bloomberg) — A rare show of investor confidence in European unity is boosting the region’s stocks and currency at the same time, but equities’ good fortune could take a hit if the euro keeps climbing toward a pain threshold seen around $1.30, according to a Bloomberg survey.There is still some way before the single currency could reach the level that will pose a threat to the region’s earnings recovery, according to the majority of the 24 strategists and fund managers polled. However, the euro’s rally to a two-year high just shy of $1.20 this month has brought it back on …read more
Source:: Yahoo Finance
