EUR/USD to tumble towards 0.97 by year-end – Nordea

EUR/USD has fallen to trade more convincingly below parity. Economists at Nordea expect the pair to sink towards 0.97 by end-2022. A recession in the
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European Monetary Union M3 Money Supply (YoY) came in at 5.5% below forecasts (5.6%) in July

European Monetary Union M3 Money Supply (YoY) came in at 5.5% below forecasts (5.6%) in July
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