As markets head into a year of uncertainty against a backdrop of shifting economic data and monetary policy, analysts are turning positive on the outlook for the euro . Having fallen below parity with the U.S. dollar in the second half of 2022, the common currency recovered in recent months to trade within a tight range at just above $1.07 on Wednesday morning. Central to the euro’s weakness last year was aggressive monetary policy tightening from the U.S. Federal Reserve while the European Central Bank was much later out of the blocks in hiking interest rates to contain runaway inflation. However, incoming data ... (full story)