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Sell the euro

August 14th, 2014 · No Comments

  • The eurozone is stuck into low or even negative growth on the border of deflation.
  • Yet the ECB balance sheet has shrunk, this will not last as the risks are increasing.
  • Risks are a deflationary shock from the Russia crisis and tightening US monetary policy.
  • The euro will also suffer from a flight into the dollar as a result of its safe haven status in times of international crisis.

Sell The Euro | Seeking Alpha

Tags: currencies