EUR/USD: Still heading for parity - SocGen

Kit Juckes, Research Analyst at Societe Generale, still expects to see EUR/USD reach parity between now and the French elections in April/May, but also expect the euro to be stronger in a year’s time than it is today.

Key Quotes

“It’s OK to embrace the idea of the Fed hiking a bit faster, and it’s OK to embrace the idea of the US getting a growth boost from a Trump administration. But a lot of that is already in the price. EUR/USD staying sustainably below parity still seems unlikely unless the elections in France throw up a major surprise.”