Deutsche Bank: EUR/USD could fall below parity, potentially reaching 0.95 or even lower. ...Middle East

A note from Deutsche Bank analysts see them warning that a full-force implementation of the Trump administration’s economic agenda, without a counterbalancing response from Europe or China, could send the euro plunging against the U.S. dollar. EUR/USD could fall below parity, potentially reaching 0.95 or even lower. Under the most aggressive scenario, tariffs of 60% or more would be imposed on Chinese imports, phased in over three years, alongside 10% tariffs on imports from other countries, introduced within a year and reciprocated. A more moderate approach, featuring 30% or higher tariffs on Chinese goods and trade restrictions on other nations phased in over two years, could see EUR/USD

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