Market Overview

Brian Kelly Wants To Short CurrencyShares Euro Trust (FXE)

Brian Kelly said on CNBC's Fast Money that he sees some weakness in the euro. He thinks that European economy is slowing down, because of the austerity and also because of the tightening of the monetary policy.

He will be watching Chinese numbers next week to get an insight on German exports. Brian Kelly also believes that EU's periphery is weak.

CurrencyShares Euro Trust (FXE) added 0.06% today, and closed at $126.66.

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Posted-In: Brian KellyCNBC Short Ideas Fast Money Currency ETFs Media Trading Ideas ETFs

 

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