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Euro's prospects against trading partners unclear
Published Sun, Dec 28, 2014 · 09:50 PM
London
WHILE investors are betting that the euro will fall against the US dollar next year, hopes that the European economy will therefore get a boost could be premature: it may not depreciate at all against currencies of other major trading partners.
As speculation grows that the European Central Bank (ECB) will ease monetary policy more aggressively, some economists predict that the euro could even slide to parity with the US …
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