Investment Theme – As euro breaks above $1.08, is dollar parity out of the picture?

From xm.com

The euro has appreciated by about 4% from its January lows when it touched a 14-year trough of 1.0340 against the US dollar at the height of the dollar rally. The receding threat of a major advance by populist parties across Europe’s political landscape has propped up the single currency in recent weeks, confounding some predictions made late last year that the euro would hit parity with the dollar as early as in the first quarter of 2017. While uncertainty about the timing and size of President Trump’s tax cuts in the United States has been a setback for dollar bulls, positive developments in European elections ... (full story)