EUR/USD might nonetheless go to 1.0340, the 2017 low. A break beneath right here would clear the best way for a return to parity, economists at TD Securities report.
EUR/USD to face a correlation drag from USD/CHF’s push to parity
“The newest push beneath 1.05 in EUR/USD places multi-year 1.0341 within the cross-hairs. A break of this degree will open a return to parity, a situation that was final noticed roughly 20 years in the past.“
“EUR/USD might proceed to face a correlation drag from USD/CHF’s push to parity as properly.”
