How Far Could the Euro Fall in 2015?

How Far Could the Euro Fall in 2015?

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Business

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The video discusses the euro's decline in 2015, starting at $1.20 and dropping to $1.18, with predictions of further decline. Analysts from Bloomberg and various banks provide diverse forecasts, with some predicting a drop to $1.07 and others a rise to $1.29. The European Central Bank (ECB) plays a crucial role, with potential actions like bond buying that could weaken the euro. Upcoming economic indicators, such as inflation data and oil prices, are also highlighted as factors influencing the euro's future performance.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions is the ECB expected to take to address the risk of deflation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant economic data is expected before the next ECB meeting?

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