Euro depreciation predicted against the stronger dollar


Foreign exchange managers have predicted years of euro depreciation against a strengthening dollar, while others are expanding beyond the ‘Big Four‘ currencies to find profit opportunities.

Mark Rzepczynski, chief investment officer of $1.4bn Florida foreign exchange and CTA managers John W Henry, says the euro‘s decline could continue for several years. He attributed the dollar‘s fall to factors such as the falling US equities market, interest rate divergence favouring Europe and America‘s

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