Euro to Rise as ECB Has `Less Weapons’ Than Fed, Algebris Says

Sep.04 — Algebris Investments says the euro is set to rise even as the European Central Bank is pushed to do more to aid the economy. The ECB has “less weapons, less room to manoeuvre” compared to the Federal Reserve and the Bank of England, Alberto Gallo, portfolio manager at Algebris, said on “Bloomberg Surveillance.”

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