The euro moved another step closer to parity on Monday, with traders betting that high inflation leaves the region’s central bank unable to stop a recession as war rages in Read more
Tag: parity
Deutsche Bank: here are four reasons why the dollar will continue to strengthen past parity with the euro
As Europe’s energy crisis and slowing economy weigh on the euro, Deutsche Bank’s George Saravelos noted Wednesday that “safe haven” demand has driven the U.S. dollar to its strongest level Read more
Euro to slide to parity against the U.S. dollar unless natural-gas situation improves, Citi strategists warn
The euro is set to keep sliding until it reaches parity against the U.S. dollar, according to strategists at Citi, unless the surge in natural gas prices brought about by Read more