The euro to dollar exchange rate conversion (EURUSD) will fall to parity in 2015 and below the 1:1 level in 2016.
Updated forecasts for the euro v dollar exchange rate from SEB Bank suggest calls for parity are over-exaggerated.
Markets have been accused of under-estimating the true value of the euro dollar exchange rate by under-estimating the impacts of a Greek exit from the Eurozone.
The euro has risen against both the US dollar and pound in tandem with a rise in Eurozone sovereign bond yields.
Latest news and predictions for the euro to dollar conversion pairing show there is a limit to the shared currency’s strength.
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