World's most accurate currency forecaster of 2014 sees the euro dropping to parity within 2 years
Livewire
World's most accurate currency forecaster of 2014 sees the euro dropping to parity within 2 years. After watching the 19-nation currency slide as low as $1.1754 today from last year's high of $1.3993 in May, ING sees it continuing to weaken all the way to $1, a level last seen in 2002. The median estimate of more than 30 forecasters in a Bloomberg survey is $1.15 by the end of 2016. Full article: (VIEW LINK)
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Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.
Expertise
No areas of expertise