FT: Cyprus bailout leaves investors queasy

But Stephen Jen, head of currency hedge fund SLJ Macro Partners, says it makes more sense to sell the euro when it rallies, in the belief that the knock-on effects from Cyprus will take their toll. “This saga is not likely to be over. There will be capital flight when the market opens and other complications,” Mr Jen says.

Read the original article on the ‘FT’ website.

Posted on the 25/03/2013 at 8:03pm by joana.