I still believe we're seeing a bottom here, but I wish it would get here now.
As in right now.
* * * * * J B K * * * * *
San Francisco
The euro may slide to $1.30, the lowest in a year amid concerns the sovereign-debt crisis will spread from Greece, according to a unit of Credit Agricole SA.
The euro will decline as the region's economy may "face the risk of slipping into a negative spiral, stemming from austerity measures in Greece and its adverse impact on economic growth," said Yuji Saito, director of the foreign-exchange department at Credit Agricole Corporate and Investment Bank in Tokyo, in a phone interview.
http://www.bloomberg.com/apps/news?pid=20601068&sid=ax0XYgh8CYhI
