Category: Parity
-
BofA sees EUR/USD parity as a rare event, ‘unlikely’ to happen By Investing.com
•
Analysts at Bank of America noted that while some market watchers continue to speculate that the exchange rate could reach parity, such an event is considered rare and short-lived historically. They pointed to a chart showing that, with the exception of the dot-com bubble burst, the probability of a currency…
-
Deutsche Bank says Trump presidency + China tariffs = EUR/USD @parity
•
In an interview with Bloomberg TV, Deutsche Bank’s George Saravelos spoke about the main point he made in his talk about the euro: “Imagine a situation where the US erects a massive tariff wall against China.” “All these Chinese goods will have to be diverted to other markets including Europe,…
-
EUR/USD may face parity risk amid bumpy political backdrop ahead By Investing.com
•
Investing.com – The euro has struggled recently as political uncertainty in Europe returns, but events across the pond in the U.S. could have a bigger impact, potentially pushing the euro toward parity against the dollar if the Trump White House pursues aggressive protectionist trade policies. “We expect EUR/USD (and many…