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Another chance for the EUR / USD parity?
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Another chance for the EUR / USD parity?

created Forex ClubAugust 22 2022

The past weeks have been devoted to the issue of the Fed's monetary policy. Playing the so-called pivot Federal Reserve it led to a sharp increase in the stock markets, a noticeable rebound in prices cryptocurrencyas well as the downward trend corrections to EURUSD.

Crude oil in focus

Although the last week's publication of the minutes of the July Fed meeting showed that in the future the US central bank will decide to slow down the rate hikes, at the same time the members of the Reserve see the risk of a stronger monetary tightening, if needed. In this respect, gasoline prices seem to be of key importance - the fuel prices recorded in July and the declines in fuel prices continued in August undoubtedly had an impact on the inflation level in the United States. Investors are watching the market situation closely oilwhere the process of releasing the US strategic reserves of this raw material ends. The highlight of the week, however, remains the symposium in Jackson Hole, and more specifically - the speech of Fed chairman Jerome Powell scheduled for Friday.

We invite you to a webinar with the Chief Economist XTB Przemysław Kwiecień, PhD, in which he will answer the title question - is this another chance for parity?

  • Jackson Hole for parity?
  • A sentiment close to euphoria
  • Does oil have a chance of returning above $ 100?

WATCH ON-LINE

In addition, due to the very dynamic situation in the world, additional ones will be made available raports Video on the impact of the coronavirus on the global economy, market analysis precious metals.

About the host

industrialists of flowersDr Przemysław Kwiecień - Chief economist X-Trade Brokers. Doctor of Economics at the University of Warsaw, graduate of the University of Warsaw and London Metropolitan University (MSc). Holder of the prestigious CFA certificate. He has been working for XTB since 2007, previously he gained experience as an advisor to the Minister of Finance, Mirosław Gronicki, and an economist at Bank Millennium. At XTB, he manages the Analysis Department.


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About the Author
Forex Club
Forex Club is one of the largest and oldest Polish investment portals - forex and trading tools. It is an original project launched in 2008 and a recognizable brand focused on the currency market.
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