MUFG says euro support hinges on growth and ECB rate expectations
MUFG currency analysts say the euro will be driven by relative growth and interest-rate expectations, citing recent economic resilience and the ECB’s continued willingness to act.
The euro will be driven largely by relative growth considerations and interest-rate expectations, which should provide support for the currency going forward, MUFG currency analysts say in a note. "Recent signs of economic resilience and the continued willingness of the European Central Bank to res…