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EURUSD – parity in near future?

09 January 2015 Konstantin Meinhardt

The euro remains under pressure. Economic and political concerns in the Eurozone weigh on the euro. Inflation in the Eurozone dropped to an annual rate of -0.2% in December from 0.3% in November. That was the lowest level since October 2009.

German preliminary consumer price index also decreased to an annual rate of 0.2% in December from 0.6% in November. That was the lowest level since October 2009.

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Market focus

  • Eurozone PMI falls in March as manufacturing downturn deepens
  • Germany output growth at near six-year low as manufacturing downturn deepens
  • Chinese Premier Li stresses implementation of larger-scale tax cuts
  • Euro area current account surplus increased in January compared with December.

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