Currency Markets: A decline in the Euro to parity with the Dollar beckons

Inflation has been steadily declining globally. Both the US and euro-zone consumer price measures peaked at just over 9% in mid- to late-2022, with February seeing euro-zone inflation dropping to 2.6%, lower than the 3.1% figure for the US. On the growth outlook, US gross domestic product rose at an annualised 3.2% pace while the euro zone economy stagnated Read The Rest at :