EUR to USD
Euro to Dollar Rates Live
Last Trade Date
Time
21-Nov-17
00:00
EUR GBP
Euro to Pound Rates Live
Last Trade Date
Time
21-Nov-17
00:00
post icon

Dollar dominance to push currency towards parity with euro

ABM Amro has also forecast euro-dollar parity in 2016, while Barclays believes the euro will weaken to $ 1.07 by the end of 2015.

Low inflation in the UK has pushed back market expectations of an interest rate rise to 2016, although eventual rises are expected to push the pound up to €1.37 against the euro, from €1.27 today.

Mr Bishop said Britain’s borrowing bill remained a concern. “We see some headwinds building. We worry about increased political risks and persistent large twin fiscal/current account deficits,” he said.

“Until these issues are cleared up the dollar side of the debate will dominate.”

No comments yet.

Leave a comment