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View Full Version : ECB Raising Rates May Turn Into Mistake Weakening Euro, Standard Life Says - Bloomber



NewsWhore
04-20-2011, 02:00 AM
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ECB Raising Rates May Turn Into Mistake Weakening Euro, Standard Life Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHgnNwnZuL0a_K8f-n0cUpn5S4Ucg&url=http://www.bloomberg.com/news/2011-04-19/ecb-raising-rates-may-turn-into-mistake-weakening-euro-standard-life-says.html)
Bloomberg
The currency may tumble at least 16 percent to below its â??fair valueâ?? of between $1.20 and $1.25, said Ken Dickson, investment director for currencies at the Edinburgh-based company, which oversees about 157 billion pounds ($256 billion). ...

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