bearish

Will Euro Shrink to Parity to the Dollar on Diverging Macro Economic Conditions?

631 Views05 Nov 2023 22:20
Euro-Dollar parity murmurs are creeping back into the market. Economic divergence will force euro to weaken but others believe that pessimism is already priced in.
Boomeranged on Thu, 7 Dec 2023 10:21
Euro is languishing near 3-week low. Single currency is down 1% this week and on course for the steepest weekly decline since May. Traders are betting a 85% chance that the ECB cuts interest rates at the March meeting, with almost 150 bps worth of easing priced by end-2024.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 7-minute read)
Discussions
(Paid Plans Only)
chart-bar
x