Pimco: Euro Will Remain Strong As ECB Is Set To Lose The Currency Race To The Bottom

When it comes to the currency race to the bottom, I think that this is actually a race the ECB is going to lose. They will react to the currency appreciation as the last press conference signaled but I don’t see we are going to have any material act as a rate cut until the euro is at a substantially…

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Pimco: Euro Will Remain Strong As ECB Is Set To Lose The Currency Race To The Bottom

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