The Future of the Euro in Question
February 22, 2010 at 08:54 AM EST
At the beginning of this year, I wrote a Money and Markets column entitled “ Will the Euro Become the Most Hated Currency for 2010? “ At that time, the euro/dollar exchange rate was about 5 percent off of its 2009 highs. And we were just months removed from hearing the constant and broadly espoused opinions suggesting the euro would become the world’s next primary reserve currency — replacing the troubled U.S. dollar. But the focus of global investors was starting to shift … Concerns were beginning to…