Global Currency War: The Pacific Theater

Mike Burnick | Thursday, March 14, 2013 at 7:30 am

Last month in a Money and Markets column, I pointed out that the euro/U.S. dollar exchange rate would be the next battleground in the global currency war.

Since early February, the euro currency has declined nearly 5 percent against the greenback, which may sound insignificant, but in the world of Forex it qualifies as a sizeable move.

What’s more, the euro looks poised to slide even lower against the buck, driven by several key economic and monetary factors that are behind this exchange rate move. MOREHERE