Euro's drop in focus as key factor that can help eurozone economy by boosting exports, tourism

December 1, 2014 9:45 AM

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FRANKFURT, Germany – If that creme brulee in a Paris cafe seems a bit cheaper for U.S. tourists next summer, they may have the European Central Bank to thank for it.

Economists are lowering their forecasts for the value of the euro on expectations that the ECB will make good on its promises to provide more support to the eurozone economy if it needs it. Central bank stimulus tends to weigh on a currency.

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