Dollar eases but euro zone stimulus uncertainty keeps euro in check

Dollar eases but euro zone stimulus uncertainty keeps euro in check

April 24, 2020

“Just as with a second marriage, the euro’s rally turned out to be a triumph of hope over experience,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments in Toronto to Reuters. “European leadership disappointed once again, failing to reach an agreement on a collective rescue package. This means the euro area is likely to lag the United States in the race to recover.”

Read the full Reuters article here.

For further information, please contact Cambridge Global Payments

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