The Euro to Dollar exchange rate has fallen below parity amidst a surge in Dollar demand and the capitulation of buy orders around 1.0.
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Danske Bank updates its EUR/USD forecasts and confirm the pair is destined to make a definitive move below parity.
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The Euro to Dollar exchange rate this week touched parity but it has further to fall say analysts at one of the world's largest investment banks.
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The Euro was briefly quoted at the one-for-one level against the Dollar on Tuesday but commentary from the FX sales desk at one very large bank suggests that a break below this market may not come …
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Crédit Agricole's bespoke short-term trading model is buying the Euro against the Dollar this week, just as the exchange rate approaches parity.
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Although the EUR/USD bounced off its lows on Friday despite a stronger US jobs report, the currency pair remains heavy as we start the new week.
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The Euro to Dollar rate tumbled heavily last week before coming within a whisker of parity but it rallied smartly in time for the weekend close and could now be set to defy gravity by trading buoya…
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