A slow grind back to euro parity

MARKET NEWS

The likelihood of a more pronounced economic downturn in the US should see the euro slowly heading towards parity, but it’s still a long road ahead, says Monica Fan, senior G10 strategist at Bank of America in London

It was two steps forwards and one step back for the euro last week as it failed to crack 0.9900 against the dollar. The US dollar had strengthened ahead of last Tuesday’s FOMC meeting on the slender hope that the Federal Reserve would reduce the Fed funds rate below 1.75%. Although

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: