Dollar fall to lift euro credits


Bankers are predicting that a weaker dollar could lead to a surge in demand for euro-denominated credits, but investors are sceptical.

Peter Conroy, credit strategist at Deutsche Bank in London, says: “In the past the European credit market was being left behind by the US market because the dollar was strong and the US corporate debt market was deeper. But now the European market has grown to rival the US; so what will happen to those non-US funds if the euro strengthens? We could be on

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