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Earl Ledet 2015-11-15
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Donald Trump's win has got investors to believe that euro rate will fall to the same level with the dollar.

the Last time the currencies were at parity years in 2002.

Investors, the probability that the euro will sink to parity by the end of 2017, 45%.

Yet a week ago the probability was estimated at only half of this, when the market was Hillary clinton's victory in the Us presidential election.

Trump promises the U.s. economy accelerated, and a tax cut of now add to expectations the federal economic growth and increase pressure on the United states central bank fed's early rate hike.

Deuche Bank strategist George Saravelos predicts the euro will drop to 1.05 to the dollar for the end of the year and 95 cents by the end of 2017.

collect
0
Earl Ledet 2015-11-15
img

Donald Trump's win has got investors to believe that euro rate will fall to the same level with the dollar.

the Last time the currencies were at parity years in 2002.

Investors, the probability that the euro will sink to parity by the end of 2017, 45%.

Yet a week ago the probability was estimated at only half of this, when the market was Hillary clinton's victory in the Us presidential election.

Trump promises the U.s. economy accelerated, and a tax cut of now add to expectations the federal economic growth and increase pressure on the United states central bank fed's early rate hike.

Deuche Bank strategist George Saravelos predicts the euro will drop to 1.05 to the dollar for the end of the year and 95 cents by the end of 2017.