Tuesday, December 30, 2014

European Deflation Battle Success Hinges on Unity in 2015

The euro lost 9.65% of its value versus the U.S. dollar in 2014. The American economy's growing momentum coupled with the growth-sapping effect of European deflation has driven the EUR/USD to a two-year low (1.2260). To find a lower quote, we need to go back to the summer of 2012



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