Investment Guru: Euro and Oil Will Continue to Plunge

The carnage isn’t over for the euro, which has dropped to a four-year low against the dollar, says investment guru Dennis Gartman.

Europe’s financial crisis will continue to drive the common European currency down — below $1.20, says the publisher of The Gartman Letter.

The euro recently traded at $1.2240.

"It’s having a rough month; it's having a rough year. It's probably going to continue to have rough times ahead. Are we going under $1.20? Almost certainly," he told CNBC. (more)