Central bank reserve managers downbeat on euro

But see better prospects for USD and GBP


Reserve managers view the euro as a less attractive currency today than a year ago, but prospects for both sterling and dollar have improved year-on-year for the overwhelming majority of the 69 central banks surveyed by FX Week's sister publication, Central Banking.

The survey, conducted in May, sought responses from central banks, which together control $6.7 trillion or 57% of global reserves. More than half of the managers questioned thought the euro would come under pressure and saw a strong

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