Monday, 23 November 2015

Nomura and Morgan Stanley on Dollar/Euro Parity

From Barron's Asia Stocks to Watch, Nov. 18:

Can Euro Hit Parity With The U.S. Dollar?

The U.S. dollar pared back gains in Asian trading after reaching a 7-month high against the Euro as the latest minutes from the Federal Reserve showed a strong intent to raise U.S. rates next month.

The euro rose 0.4% to trade at 1.07 recently. Other currencies gained too. The New Zealand dollar jumped 0.9%,

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