The EUR/USD pair shows potential for reaching parity, particularly with the prospect of Trump returning to the White House, ongoing uncertainties in the EU, and the strengthening of the USD against other major currencies.
💡What Does Parity Mean?
Currency parity occurs when the exchange rates of two currencies equal each other, meaning that €1 can be exchanged for $1.
This scenario presents a 485-pip opportunity.
💡What Does Parity Mean?
Currency parity occurs when the exchange rates of two currencies equal each other, meaning that €1 can be exchanged for $1.
This scenario presents a 485-pip opportunity.
Note
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📈 6 years in the financial markets! Join my Telegram for exclusive insights.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.