Tag Archives: Dollar

Euro Expected to Fall Below Dollar by 2017

Deutsche Bank has issued a report stating that it expects to see the euro fall below parity with the dollar for the first time in over a decade. Deutsche Bank is Germany’s biggest bank and is the second biggest currency trader in the world. They expect that the value of the euro will slip below that of the dollar by 2017.   This is the most aggressive call yet from the bank, although it does reflect what other banks have already noted. The majority of banks have already taken an incredibly bearish