John Taylor Says Euro Is Going To 1

John Taylor, of FX Concepts was just on CNBC, and was asked where he sees the euro going. Taylor said that his target for the Euro is still 1, or parity with the U.S. dollar. He said that he is surprised that the Euro is trading around the 1.40 level. Taylor is the Chairman, CEO and founder of FX Concepts, and he has over 40 years of experience in the foreign exchange and related fixed income markets.