Bénassy-Quéré, Agnès; Béreau, Sophie; Mignon, Valérie - In: La Lettre du CEPII (2008) 279
they both indicate that the dollar and the euro are overvalued in real effective terms. The two currencies should therefore ….S. currency’s current weakness will be relatively short-lived. As for the euro, its depreciation against other currencies is …