UP 260: Euro struggles as Powell renominated

Published: Nov. 23, 2021, 9:06 a.m.

The dollar’s recent gains in part reflect euro weakness with the Eurozone unit now at multi-month lows against a range of currencies. Moreover, in the absence of a change in tone from the ECB, upcoming economic data and events could well reinforce the currency’s slide. Terry Sheehan and Jeremy Hawkins discuss the medium-term outlook.