Majority of traders see euro-US dollar parity in survey as stagflation threat rises

May 09, 2022 9:44 AM

SANTIAGO (BLOOMBERG) – Foreign-exchange traders are set to bludgeon the euro anew as the war in Ukraine and the supply-chain crisis ramp up stagflation risk – driving the single currency to parity versus the US dollar for the first time in nearly two decades.

Source : https://www.straitstimes.com/business/economy/majority-of-traders-see-euro-us-dollar-parity-in-survey-as-stagflation-threat-rises