Citi Expects "A Significant Fall In EURUSD" As Currency Wars Escalate

European monetary policy/monetary conditions are too tight and, Citi’s FX Technical group explains, the EURO is too strong thereby exacerbating the effects of the internal devaluation in Europe (as we noted here). Looser monetary policy and a weaker currency are becoming increasingly necessary…

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Citi Expects "A Significant Fall In EURUSD" As Currency Wars Escalate

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