In spite of recent gains, a further rise in the euro could be in store as reserve managers accumulate reposition in favour of the currency. Photo: Reuters
Neal Kimberley
Opinion

Opinion

Macroscope by Neal Kimberley

US$500 billion ‘of demand’ is poised to push the euro even higher

The notion of further euro strength has become a self-fulfilling prophecy

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In spite of recent gains, a further rise in the euro could be in store as reserve managers accumulate reposition in favour of the currency. Photo: Reuters
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