Draghi Cedes Euro Control to Yellen on Fed Rate Wagers

Mario Draghi’s ambitions to weaken the euro are at the mercy of Federal Reserve Chair Janet Yellen. The U.S. central bank chief sent the euro sliding below $1.35 last week for the first time since February when she said U.S. interest rates may rise sooner than investors expect. Her European Cent…

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Draghi Cedes Euro Control to Yellen on Fed Rate Wagers