Euro to Hit Parity With Dollar, Wells Fargo Says

The transcript discusses the dynamics between the dollar and euro, highlighting a persistent bid for the dollar despite its potential weakening. It examines euro positioning among leveraged funds, suggesting that the euro could fall below parity within a month. The discussion also covers factors like the Fed's actions compared to the ECB and the economic growth disparity between the US and the eurozone, which could push the euro lower.

What factors are contributing to the persistent bid to the dollar?

How does the current positioning among leveraged funds compare to that of 2015?

What is the significance of the euro potentially going below parity?

What are the implications of the widening spread in Italy's bonds compared to German bonds?

In what ways does the economic position of the US differ from that of the eurozone?