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Tag Archives: currency vs money

Parity hysterics: What it means and what it doesn’t

Part I of II, by Claudio Grass, Hünenberg See, Switzerland There’s been a flurry of articles, news stories and headlines lately over the developments in the FOREX market, specifically over the moves of the EUR/USD currency pair. As headwinds on all levels, economic, geopolitical and social, got a lot worse in recent months for the Eurozone, the news-breaking, headline-dominating “parity” event finally came about, with the euro even breaking below parity on July 13, and it seems to...

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