Growth disappointments, neg rates & demand for Dollar resulting from trade & Brexit uncertai via @HolgerZschaepitz

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Growth disappointments, neg rates & demand for Dollar resulting from trade & Brexit uncertainty have undercut Euro in 2019. Scotia says Euro is undervalued. Sees Euro at $1.20 by end-2020 on narrowing growth differentials & on improving flows given relative cheap EU stock mkts. h/t Holger Zschaepitz

Growth disappointments, neg rates & demand for Dollar resulting from trade & Brexit uncertai via @HolgerZschaepitz

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