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Is it ‘destination parity’ for EURUSD? — #SaxoStrats video
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The currency pair has been moving downward but a big change may be set to come, says Saxo Capital Markets’ global macro strategist Kay Van-Petersen.
With events upcoming such as the Italian referendum on December 4, the European Central Bank’s meeting on December 8, and a likely interest rate hike by the US Federal Reserve on December 14, Van-Petersen says serious moves toward 1.00 may occur.