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The euro’s return to parity with the dollar

December 15th, 2016 Currency Watch 0 comments

The dollar’s worldwide surge on higher U.S. interest rates has dragged the euro below $1.04 EUR=, removing the last big chart-based hurdle to a return to parity for the first time since the single currency was launched in physical form in 2002. As the attached graphic shows, the euro has lost more than 7 percent…

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