With European economies mired in recession, is the euro living on borrowed time?

//With European economies mired in recession, is the euro living on borrowed time?

With European economies mired in recession, is the euro living on borrowed time?

Given the way the euro has been rallying in the foreign exchange markets over the past three months, you would be forgiven for thinking the currency has become a beacon of stability in uncertain times. You couldn’t be further from the truth.The rebound in the euro is simply the flip side of the US dollar being undermined by growing uncertainty about the upcoming US presidential election in November and how the US authorities are coping with the coronavirus crisis. Global investors are simply…

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By | 2020-08-24T10:45:15+00:00 August 24th, 2020|Business|Comments Off on With European economies mired in recession, is the euro living on borrowed time?