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Euro dollar parity online dating

Other shifts are helping to change investors’ outlook for the shared currency, as the likelihood of the euro hitting parity with the dollar in the near term is looking less likely.

"The extent of the euro gains or the pace of the euro gains has certainly taken us by surprise," said Jane Foley, senior FX strategist at Rabobank.But recent comments from Fed policymakers show a split on the outlook for inflation and how that will play out for future interest rate increases, weighing on the dollar.The dollar index, which tracks it against a basket of six major currencies, is forecast to end the year down over 7 percent, its worst annual performance since the financial crisis.“Four weeks ago, people were looking for the euro to go to parity on the back of Greece leaving the eurozone and the Fed raising rates,” Borthwick said.By Hari Kishan and Rahul Karunakar BENGALURU, Sept 7 (Reuters) - The euro will hold on to most of this year's gains over the next 12 months, according to a poll of foreign exchange strategists, who also said a further 5 percent rise in the currency would discomfit the European Central Bank.It recent trade, one euro bought $1.1584, up about 1.7% against the dollar on the day.

At that level, its year-to-date decline against the dollar was 4.2%.

An increasing number of ECB policymakers are now concerned about euro strength, three sources familiar with those discussions told Reuters late last month.

When asked what euro/dollar level could make the central bank uncomfortable, the median of over 40 respondents was around $1.25 - about five percent from Wednesday's level.

But a stronger currency made a slower reduction in the asset purchases more likely.

A strong euro makes imports cheaper, reducing inflation - which at 1.5 percent in August remains below the central bank's target of just under 2 percent.

The euro has made some pretty impressive moves in the last week.