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.”



The Fifth Avenue News is a channel where you can learn about the current events in the market- and find out about how to plan for the future. Every day, we deliver our audience the top headlines in business and finance in a quick, concise, and entertaining way. We’re here to keep you up-to-date on the latest news so you can stay informed.

You May Also Like