Credit Agricole is sticking with euro longs…for now

Credit Agricole still likes the euro
Credit Agricole CIB FX Strategy Research discusses EUR outlook in light of yesterday’s ECB policy announcement.
"The announcement is keeping risk sentiment stable, and may keep risk-asset-related capital flows in favour of the single currency. In addition, any form of tapering should be taken as lowering fears about currency depreciation and thereby

Tags: