Cluse: No Euro-Dollar Parity as ECB Nears Tapering

The video discusses the euro-dollar parity, highlighting UBS's differing view from the consensus. UBS forecasts a constructive outlook for the euro, expecting it to strengthen as Europe progresses and the ECB moves towards monetary policy normalization. Political risks, such as elections in Germany and France, are acknowledged as potential disruptors. The video concludes with a focus on the importance of monitoring political developments and their impact on financial markets.

What is Reinhart's stance on the euro-dollar parity according to the UBS consensus?

• He believes it will reach parity and stay there.

• He disagrees with the consensus and is constructive on the euro.

• He has no opinion on the matter.

• He thinks the euro will weaken significantly.

What does UBS forecast for the euro by the end of next year?

• Below 1.10

• Above 1.20

• 1.13 to 1.17

• Parity with the dollar

What is expected to happen with the ECB's monetary policy by the fall of next year?

• Tapering and normalization

• Complete policy overhaul

• Continuation of current policy

• Immediate tightening

Which political event is considered a risk for the euro's outlook?

• US Presidential Election

• Brexit negotiations

• German and French elections

• Italian referendum

What is the main unknown factor that could change the euro's outlook?

• Economic growth in Asia

• Political risks in Europe

• US trade policies

• Oil price fluctuations