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.
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