Recent strong downward pressure on the euro exchange rate might ease in the very near term. But further ahead, poor euro-zone growth, the implementation of quantitative easing and fears for the region’s indebted economies suggest that the currency is set for a sustained period of weakness that will probably see it fall to levels not seen since shortly after its introduction.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services