Private banks tap structures for euro/dollar decline

FX
By Rob McGlinchey
28 May 2014

Private banks are entering into a range of structured products that allow them to participate in an expected decline in euro/dollar spot, driven by central bank policy.

“Everyone in Europe is convinced you have these counter cyclical moves from central banks in the US and Europe, so we’re expecting some tightening from the US Federal Reserve and some kind of easing from the European Central Bank in the next 12 months if not ...

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