Standard Chartered think so, targeting an eventual move to 1.15.
They feel the ECB is getting closer to monetisation and euro-zone economy is weakening.
Dow Jones reporting the banks’ strategist Steve Barrow saying ‘In short, has the euro started a journey that will lead to significant declines in coming months? We think the answer is ‘yes,’ he says’
I wish I could be so sure…….
Who thinks Steve is right?
