What is the significance of the support level mentioned in the context of euro dollar?
Maher: Euro Decline to Push Market to Think Parity
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The video discusses significant movements in the euro-dollar currency pair, highlighting its lowest level since January 2000. Experts debate the potential for euro-dollar parity and the implications of such a move. The discussion also covers the impact of US and UK interest rate differentials on the pound, considering the effects of Brexit. The potential for rising UK interest rates by the end of the next year is also explored.
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OPEN ENDED QUESTION
3 mins • 1 pt
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3 mins • 1 pt
What does the speaker suggest about the future of UK interest rates?
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