Forex focus: Euro in long term reversal

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  • Simon Derrick, Chief Currency Strategist, BNY Mellon

    Simon Derrick, Chief Currency Strategist, BNY Mellon

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The euro has been supported over the last decade by the levels of reserves. However, as worries rise over the level of debt, there is plenty of room for EUR to unwind, says Simon Derrick, Chief Currency Strategist at BNY Mellon.

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