Key Levels to Watch as Euro-Dollar Parity Creeps Closer

Key Levels to Watch as Euro-Dollar Parity Creeps Closer

We discovered with great interest on July 6, 2022 on Bloomberg Markets and Finance's Youtube channel a new video that might interest you.

As you know, this is not new, we have been following with great interest the news of the Youtube channel Bloomberg Markets and Finance for quite some time now because we know that its content is particularly appreciated by our community. Sometimes we hesitate to write an article because we don't know if you will like it, but today we know that this video will interest you.

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The video is doing a very good start since it was uploaded on the Youtube channel of Bloomberg Markets and Finance and it could well end up in trend if the scores remain at these levels. However, we should not get too excited and wait a few days to see if this good start is confirmed with a buzz on the duration.

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For your information, you can find below the description of the video Key Levels to Watch as Euro-Dollar Parity Creeps Closer published by the Youtube channel Bloomberg Markets and Finance:

With the European economy lurching toward a recession, traders are growing more convinced that the euro breaking parity with the dollar is imminent. "Unless euro-dollar can get above that $1.035 level, perhaps by the end of the week, it could instead drop to parity," said Rabobank Head of FX Strategy Jane Foley in an interview on Bloomberg Television.