EUR/USD is at parity risk as traders price in four ECB rate cuts this year

EUR/USD is at parity risk as traders price in four ECB rate cuts this year

EUR/USD finds interim support near 1.0220; however, more downside looks likely. The Fed is expected to cut interest rates two times this year. Investors await the US ISM Manufacturing PMI and the German HICP data for December.

submitted by /u/Demblin
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