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Is Euro-Dollar Parity Imminent?

March 12, 2015 By Young Research

euro dollar rate

For the first time since 2002 the euro is headed for parity with the U.S. dollar. Contributing to the steep drop in the euro’s value vis a vis the dollar is the monetary stimulus recently undertaken by the ECB, and the expectation by many analysts that the U.S. Federal Reserve will begin raising rates by year-end.

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