Here's How the Euro Is Likely to Fare Against World Currencies
- Goldman is betting Scandies will be winners for rest of 2017
- HSBC sees euro reaching parity with pound by year-end
ECB Officials Worry About Risk of Euro Overshooting
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Don’t get distracted by Thursday’s ECB-driven slump: the euro has been redrawing the global currency map on its journey to multi-year highs.
No wonder policy makers are starting to fret. Even after today’s declines, Europe’s growth story and the prospect of scaled-back monetary stimulus has sent the common currency 11 percent higher against the dollar this year to near the strongest since 2015.