“We would look for the euro to strengthen quite dramatically as the ECB raises rates.”
“It looks like it will be a case of history repeating itself, ... The euro will head downhill after the rate rise.”
“A rate hike will be no panacea for the euro,”
“The signs are the bank won't move soon to cut rates, ... We see the euro falling to 83 cents later this year.”
“As the European Central Bank is turning more hawkish on its rate outlook, capital inflows into euro-denominated assets are expected to grow stronger.”
“Normally that would strengthen the euro.”
“To them, I would like to say the following: I understand their concerns, since a persistently lower euro exchange rate might ultimately lead to higher prices in the shops,”
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