‘Euroglut’: EUR/USD Heading Towards 0.95

In a special note, Deutsche Bank argues that both “secular stagnation” and “normalization” are incomplete frameworks for understanding the post-crisis world and instead, “Euroglut” – the global imbalance created by Europe’s massive current account surplus will be the defining variable for the rest…

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‘Euroglut’: EUR/USD Heading Towards 0.95 – Deutsche Bank

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