Euro's Strength Due to ECB's 'Credibility:' Analyst
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Euro's Strength Due to ECB's 'Credibility:' Analyst
The euro zone is no worse off than the United States or the United Kingdom," Stephen Gallo from Schneider Foreign Exchange said Thursday. The euro is only strong because the dollar is weak, he said, adding that the "situation playing in the dollar and the pound is so much worse and that's to the ECB's credibility because they did not follow the United States and United Kingdom down the same road.
CNBC | November 5, 2009
