Why has the Euro been so weak for so long? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes the shared currency outlook.
Why has the Euro been so weak for so long? Ulrich Leuchtmann, Head of FX and Commodity Research at Commerzbank, analyzes the shared currencyPermanent EUR undervaluation means that we Europeans are getting poorer on a permanent basis. Sometimes that can become quite obvious, for example when American employees working remotely and pensioners buy up the property market in Spanish holiday resorts.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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