euro dollar parity

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Why This Euro Rebound Won’t Stop Euro-Dollar Parity

By Jim Bach, Associate Editor, Money Morning • @JimBach22 - May 1, 2015
Euro-dollar parity is still coming. Don’t be fooled by this sudden rebound.
The fundamentals support a fast dive to euro-dollar parity. But the technical traders simply won’t allow it to fall to those levels so quickly.
Here’s why euro-dollar parity will still happen, even if there are some snags on the way down…

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Why This Euro Rebound Won’t Stop Euro-Dollar Parity

By Jim Bach, Associate Editor, Money Morning • @JimBach22 - May 1, 2015

Euro-dollar parity is still coming. Don’t be fooled by this sudden rebound.

The fundamentals support a fast dive to euro-dollar parity. But the technical traders simply won’t allow it to fall to those levels so quickly.

Here’s why euro-dollar parity will still happen, even if there are some snags on the way down…

Pre-Market Quotes Bounce After Friday's Triple Digit Plunge

By Garrett Baldwin, Behavioral Trading Specialist, Money Morning - March 16, 2015

Pre-market quotes for Monday, March 16, forecasted an 80-point gain from Friday's Dow close when the DJIA Index shed 145 points on Friday because of falling crude oil prices and investor jitters about possible interest rate increases in the near future.

Today, the markets will respond to a light macro data release schedule that focuses just on February industrial production data and the Federal Reserve's report on Treasury International Capital (TIC). A light schedule is compounded by investors' anxiety over the start of this week's FOMC meeting.

Here's what else pre-market quotes tell us about the stock market today - as well as your "Money Morning Tip of the Day" to make it a profitable Monday.