SaxoTV

FX Update: EURUSD on path to parity?

677 views
November 16, 2015 equities, eur, eur usd, eurchf, eureur, eurgbp, eurjpy, eurjpy price, euro, euro area, euro crisis, euro dollar, euro dollar strength, euro growth, euro pound, euro rates, euro sterling, euro strength, euro yen, euro zone, eurocrisis, eurodebt, eurodollar, europa, europe, europe gdp, europe growth, europe recession, european, european banks, european central bank, european central bank rate, european central banks, european commission, european economy, european equities, european growth, european monetary policy, european recovery, european union, eurozona, eurozone, eurozone crisis, eurozone economy, eurozone euro, eurozone growth, eurozone inflation, eurozone recession, eurozone recovery, eurusd, eurusd bearish, eurusd trade, eurusd trade idea, foreign exchange, forex, forex buying, forex idea, forex market, forex market overview, forex markets, forex saxo bank, forex trade idea, forex trading, saxo tv, tradingfloor.com, uk economy, us, us banks, us debt, us dollar, us dollar index, us economic data, us economy, us equities, us fed, us federal reserve, us federal reserve monetary policy, us gdp, us government, us growth, us jobs, us jobs data, us politics, us rates, us stocks, usa, usd, usd eur, usd index, usd jpy, usd strength, usdaud, usdcad, usdcad trading, usdchf, usdeur, usdgbp, usdjpy, usdrub
The Euro weakened against the USD in response to the atrocities in Paris and although the pair has regained some of the losses, there's still downside potential according to Saxo Bank's Head of FX Strategy John Hardy. 

Last Friday's existing risk-off sentiment was compounded by the terror attacks in the French capital and given the divergence between a dovish ECB, poised to increase easing, and a Fed about to raise rates then how close are forex markets to seeing parity in EURUSD? 

Finally John gives us his assessment of the continuing impact of the increased security threat on trading.