SUBSCRIBE TO FEEDKathy Lien quoted by corporate fx.
The dollar is not under threat from a rallying euro because “fundamentally, the Eurozone is in worse shape than the US,” one foreign exchange hedging strategist has claimed.
Writing for FX360, Kathy Lien, director of currency research at GFT, explained that while the euro rallied against the dollar at the end of last week, it is likely to progress further and will have difficulty hanging on to those gains.
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