On Dec 8 Draghi could send for market hints that after March ECB will decrease buy bonds from 80B to 60B or less and Q4 2017 a date to stop program buy bonds .The 8 DEC draghi decision will be the compass EUR/USD parity or 1.14......wait and see ...My opinion .
EUR/USD 1.0: It's Now Or Never - SocGen
The bullish US macro-economic ‘reset' following the election success of Donald Trump has governed financial markets and sparked the bond market rout and USD buying but it is the threat of political tail risk and splintering of Europe that could decide if EUR/USD tests parity for the first time since 2002. 1. Same place, different time. The election victory of Trump was the catalyst for EUR/USD to retreat below 1.06 and close in on levels only observed three times since early 2015. EUR/USD traded at a 1.0458 low shortly after the ECB launched the first purchases of government bonds in March 2015. This marked a ... (full story)