Share 'Big banks back off calls for euro-dollar parity'
Big banks back off calls for euro-dollar parity
By Patrick Graham Reuters
LONDON (Reuters) - U.S. bank Citi has abandoned its prediction of a fall for the euro to below parity against the dollar, the latest major lender to capitulate on long-term forecasts for a historic change in one of the world's big currency equilibriums.
The shift, sent to clients in a strategy note late on Friday, follows…
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