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 the expected impact of the ECB's monetary policy normalization on the euro?

What uncertainties are mentioned that could affect the euro's performance next year?