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Wednesday, October 26th, 2016 Categories: FX rates, Global Equities, Hedge Funds

Euro weakness: good for Europe, not for the US.

Buying Eurozone equities on the basis of currency weakness is a tried and trusted tactic, which is suddenly in vogue as the euro approaches a 13-year low against the dollar. Enjoy it while it lasts, because US equities will struggle if dollar strength prompts a wave of downgrades for 2017 earnings.

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