Will EUR/USD exchange rate drift to parity and below
The €uro has been lately under some depreciation pressures as the Euro Area economy struggles to accelerate its economic output and wider political instability in France has been slowing down the economic growth agenda, while also the German economy has…
EUR/USD adjusts for Interest Rate Differential Amid Anticipated ECB Rate Cut
The Euribor rates term structure currently discounts 65 basis points from the European Central Bank’s interest rate, which stands at 4.25%. At the same time, the 12-month Euribor, currently at 3.072%, forecasts a significant 120 basis point reduction in the…
EUR/USD 1.068 exchange rate will probably become more volatile, with EUR/USD parity
The Euro could be set to become much more volatile in the FX market, considering the interest rates differential with other G10 currencies and the structural idiosyncratic deficiencies in the Euro Area, considering the wider persistent Fiscal Deficits carried on…
