EUR/USD may hit parity as dollar shows signs of life

Buy side encouraged by dollar's recent surge


The euro could sink to parity with the dollar over the next year and a half, as the long-awaited greenback rally finally shows signs of materialising, boosting hopes of foreign exchange markets returning to life after a sustained period of inactivity.

Market participants have been anticipating a sustained strengthening of the dollar since the start of the year, when policy-makers on either side of the Atlantic embarked on divergent monetary paths. But, while this failed to get going in the first

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