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:
Thursday, June 5, 2014
The Euro: Where To From Here?
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:
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: