Symbols for the euro and US dollar at currency exchange booths in Tsim Sha Tsui, Hong Kong. Photo: Sam Tsang
Macroscope by David Brown
With European economies mired in recession, is the euro living on borrowed time?
The rebound in the euro is simply the flip side of the US dollar being undermined by uncertainty about the presidential election. The monetary muddle in Europe won’t help the currency after the dust settles in America