Barclays's Forrester Interview on Euro, Stress Tests

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July 26 (Bloomberg) -- David Forrester, a currency economist at Barclays Capital in Singapore, talks with Bloomberg's Linzie Janis about the outlook for the euro. The combination of growing confidence in Europe’s economy and mounting evidence of a slowdown in the U.S. is driving euro bears into hiding. After tracking the euro’s slide from about $1.45 at the beginning of 2010, the median forecast of currency strategists has stayed within two cents of $1.20 since the start of June, according to data compiled by Bloomberg. Forrester, speaking from Singapore, also discusses the results of stress tests on European banks released last week. (Source: Bloomberg)


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