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Euro/Dollar Parity Is In The Cards

26 April 2022

The euro has been weakening since last summer, and we are about to experience another episode of conflicting central bank policies, where the Fed will be tightening monetary policy while the ECB will be lagging the Fed. Europe already has had to deal with a horrific price spike in natural gas, reaching the equivalent of $368 per barrel oil at the onset of the Ukrainian crisis.