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EUFX - The Case For Sustained Monetary Stimulus In Europe
ProShares Short Euro
We expect the European Central Bank to keep rates on hold this year. Elga Bartsch explains why.
We believe the European economy requires ongoing monetary policy support. Why? There was a marked slowdown in economic activity last year, and inflation remains subdued. Hence tighter financial conditions would pose a risk to the region’s growth, as we write in our Macro & market perspectives, "Slowing - but still growing."
The eurozone economy is more open than that of the U.S., and it felt last year’s deceleration in global trade growth more severely. See the