Euro Can Go Lower From Here, Says Rabobank's Foley

The video discusses the potential downside of the euro due to COVID-19, the impact of upcoming ECB meetings, and the market's reaction to interest rate changes by the Bank of England. It highlights the importance of economic growth indicators, particularly in Germany and China, and the influence of recent UK economic data on interest rate decisions.

What is a key factor that could influence the euro's stability in the coming weeks?

• The US Federal Reserve's interest rate decision

• The outcome of the ECB meeting

• The UK's trade policies

• The price of oil

Why might investors be hesitant to buy the euro currently?

• High inflation rates in Europe

• Political instability in the Eurozone

• Strong performance of the US dollar

• Lack of signs of economic growth

What recent data supports the case for a potential interest rate hike by the Bank of England?

• Decreasing inflation rates

• Rising employment and CPI data

• Improved trade balance

• Increased foreign investments

How might the market react if the Bank of England raises interest rates by 15 basis points in December?

• The market might not react significantly

• There will be a strong rally in the stock market

• The pound will likely drop sharply

• The euro will strengthen against the pound

What could cause the market to lose ground towards the end of the year, even with an interest rate hike?

• A sudden drop in oil prices

• Overpricing of future interest rate hikes

• A new trade agreement with the EU

• An unexpected rise in US interest rates