Draghi Set to Boost Euro, Weigh on Bonds as Political Risks Dim
- Societe Generale sees euro rising to $1.30 in six to 12 months
- Morgan Stanley, JPMorgan recommend going short German bonds
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Buy the euro, sell bonds.
That’s the takeaway from strategists who expect that the European Central Bank President Mario Draghi will announce Thursday an end to the institution’s asset-purchase program as the immediate risks surrounding Italian politics subside.