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Veksler on how to trade the 'inevitable' Greek exit
"I genuinely believe this year is the year Greece leaves the Eurozone", so says trader Ken Veksler who believes "fireworks will start to fly" in the Summer. Veksler, who's the MD or Accumen Management, admits he's taken a lot of flak for the view. But he argues that a Greek exit will be a positive for Europe and that the potential for the country to leave the single currency has largely been priced in, notably in EURUSD.
Ken says he wouldn't be surprised to see the euro move to 1.15 or even 1.20 against the dollar by the end of the year. He tells us how he might play this currency trade.
02:27 minutes
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