By Bruce Krasting

On October 25 I wrote about what, at the time, looked like an overvalued EURUSD (it was 1.3950). Zero Hedge had an article attributing the strength to ongoing capital repatriation by EU (primarily French) banks. My words:As long as there is Euro repatriation, the…

***This is a preview. Please click on the post title or go to http://www.econmatters.com for full content. ****

gWsX6Y8mBdc