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Euro falls after ECB's Makuch comments on rate cut debate
Reuters: US Dollar Report
Fri, 7 Dec 2012
LONDON, Dec 7 (Reuters) - The euro extended falls on Friday after European Central Bank policymaker Jozef Makuch said the bank may cut interest rates next year if the euro zone economy does not...
The EuropeanCentralBank has helped soothe short-term sovereign debt worries in Europe , but long-term competiveness must be improved for the crisis to fully fade away, says Morningstar's Dave Sekera.
BlackRock's Rick Rieder expects the bond market to focus more on alpha creation next year, but investors should watch for rising duration risk as well as ongoing troubles in Europe .