SaxoTV
FX Update: EURUSD on path to parity?
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The Euro weakened against the USD in response to the atrocities in Paris and although the pair has regained some of the losses, there's still downside potential according to Saxo Bank's Head of FX Strategy John Hardy.
Last Friday's existing risk-off sentiment was compounded by the terror attacks in the French capital and given the divergence between a dovish ECB, poised to increase easing, and a Fed about to raise rates then how close are forex markets to seeing parity in EURUSD?
Finally John gives us his assessment of the continuing impact of the increased security threat on trading.