What To Expect For Euro Now?
Now the ECB is going to do some QE but the US doesn't look likely to raise rates perhaps for up to 6 months and there's some doubt as to whether they will raise rates at all.
So I'm thinking the Dollar comes down from the highs (somewhat) and the Euro weakens a little but less than the Dollar, since the Dollar is around the highs and the Euro lower. So my guess, parity is off the table for now.
Maybe we see 1.22 usd = 1 euro by year end if US data remains weak or gets a bit weaker?
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