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Euro set to suffer huge drop, says Credit Suisse

Credit Suisse, after predicting Euro bullishness in June 2013, has reversed view on common currency with forecast of largest yearly drop in nearly a decade

By Richard Nehme | Jan. 2, 2014 12:19 GMT
Euro continues to benefit from weaker USD
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International News

HSBC see the US Federal Reserve’s tapering as changing the perception of how the dollar is viewed, especially against the euro. The bank cites central bank divergence as a key factor in this view [...]

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