Why Currencies Are Poised for More Shifts | Bloomberg View

.. sharp currency depreciations can also trigger significant equity sales, which, in turn, add fuel to currency moves.

Lower policy interest rates will also make the euro more desirable as a funding currency for traders, further causing capital markets to move away from investments in the euro area’s government bonds and distressed credits.

via Why Currencies Are Poised for More Shifts – Bloomberg View.

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