Euro is Sold Out

The fund managers who were short the dollar in the dollar carry trade are getting carried out on a stretcher at the moment.  I imagine great years just turned into good years.  I do think we see a bounce in the euro next week.  What that does for the equity markets is up in the air, but will likely be a positive.  Gold and crude look like they have bottomed.  If the euro starts to strengthen again, those markets will roar back.