EURUSD @ 1.01406 – could easily retest parity – ING
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EUR/USD stays quiet near 1.0150 early Tuesday. Economists at ING believe that the world’s most popular currency pair could test parity again.
“The trade-weighted euro is a whisker away from the lows of the year and a slightly stronger dollar over the next 48 hours could easily see EUR/USD retesting parity.”
“1.0200 should now prove short-term resistance.”
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