Remember the Stunning Dollar Rally in 2014? It’s the Euro’s Turn
- Euro has risen against every major currency this quarter
- HSBC, UBS say euro will stage dollar-esque gain in coming year
Why Euro-Sterling Is Like an Emerging-Market Currency
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You may think the reflation trade is dead. Actually, it’s simply traveled across the Atlantic.
Instead of betting on the dollar and better economic growth in the U.S., currency investors are coming to terms with the possibility that the dollar’s best days are behind it after three years of record-breaking strength. More and more, traders are starting to count on the euro to take the dollar’s place as the overarching trade of the $5.1 trillion market.