central banks policy

parity euro dolar

Can The Euro Achieve Parity With The Dollar?

The euro started off the week trading momentarily below 1,06 dollars, its lowest exchange rate since mid-April and bringing it ever nearer to parity with the “green back.” The question being asked by many investors now is whether the euro will achieve parity with the dollar in 2016. There are all sorts of forecasts, but the current majority opinion is that the euro has very little downside left.