Trade-weighted euro may be set for shock upswing in 2015

LONDON: While investors are betting the euro will fall against the dollar next year, hopes that the European economy will therefore get a boost could be premature: it may not depreciate at all against currencies of other major trading partners.

As speculation grows that the European Central Bank will ease monetary policy more aggressively, some economists predict the euro could even slide to parity with the dollar by the end of 2015 from around $1.22 now.