Barclays remain bearish euro - "Still waiting for the bottom out"

Barclays have been "structurally bearish EUR" for weeks now. And remain so.

Comments on the euro, in brief from the bank provide a good 'in a nutshell' view:

• Still waiting for the bottom out

Significant binary risks still loom large:

• including trade, car tariffs, Brexit and Italian politics

Last Friday's exceptionally disappointing PMIs