The Euro: Where To From Here?

June 05, 2014
By Knowledge Leaders Team in Uncategorized

In the wake of today’s ECB announcement of rate cuts as well as additional measures to boost bank lending and head off disinflation/ deflation trends in many of its member countries, the euro has (unsurprisingly) moved lower versus the dollar:


How far might it decline?  If the Eurozone-U.S. short-term interest rate differential is any indication, it could fall quite a bit from current levels:


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