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Euro likely to hit dollar parity in 2011

posted by Avatar jerome 709 days ago in EUR, Inflation made popular 709 days ago

The euro is set to sink to parity with the dollar in 2011 because of the slow pace of economic recovery in Europe, if it has not broken up by then, a consultancy predicted. In a quarterly report, the London-based Centre for Economics and Business Research also predicted that the US Federal Reserve Bank will start to raise interest rates
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