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The euro once again above parity with the dollar
The euro once again above parity with the dollar

The euro once again above parity with the dollar

Housing prices in the United States continue to fall. In August, the decline accelerated to 0.7% despite expectations that it would slow down. In addition to that, the Richmond Fed's Fifth District Survey of Manufacturing Activity fell sharply to -10 from 0 seen a month before. The yield on 10-year US Treasury bonds is also dropping. The dollar is under pressure, and the euro has a good chance of gaining a foothold above parity.

EUR/USD

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