Tag: Global Trade
Euro May Decline a Further 5% as Global Trade Slumps, UBS Says
By Candice Zachariahs
Jan. 27 (Bloomberg) — Investors should sell the euro against the dollar because it may fall 5 percent as global trade declines and a “risk premium” weighs on the 16-nation currency, UBS AG said.
Posted: January 27th, 2009 under News.
Tags: currency, Euro, European Economy, Forex, Global Recession, Global Trade, U.S. Current Account, UBS
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