EUR/USD: The chances of parity being retested remain high – ING

EUR/USD adds to Friday’s advance and surpasses the 1.0150 level. However, the probability of the pair testing parity again is high, according to economists at ING.

EUR/USD downside risks persist

“The chances of parity being retested remain high, and we struggle to see a significant rebound in EUR/USD for the moment.”

“Expect exacerbated volatility around the 1.00 level.”