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EROTF - Get Ready For 'Reverse Currency Wars'
May, 30 2022 07:00 AM
Barclays PLC iPath EUR/USD Exchange Rate ETN
The US dollar is up 12 % against the euro over the last year. Floating currencies serve the useful purpose of allowing each country to pursue the monetary policy that suits its own circumstances. The most likely victims of a strengthening dollar are not other major advanced economies, but rather emerging market and developing economies. For further details see:
Get Ready For 'Reverse Currency Wars'
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