Parity is likely for EUR/USD following Wednesday Fed Meeting. Even our forecasts at HiWayFX for the EURO have been conservative relative to the actual moves seen in recent months.
Our outlook was certainly for 1.07 sometime before the end of the second quarter, but apparently, the market has had other ideas by falling below 1.05 on Friday. The ECB Has Lost Control. The truth is, what is happening in the EUR/USD market smells like an out-of-control collapse and it will be a huge problem for the ECB.. For further information please visit: My Webpage.