Discussion of Euro/USD falling to parity returns to the market

On April 9th, according to foreign media reports, as European Central Bank decision-makers prepare to take more interest rate cuts than the Federal Reserve this year, discussions about the euro/dollar hitting parity have resurfaced. Banks such as Bank of America and LBBW in Germany are conducting a game of war on various tail risks and warning that if the pace of interest rate cuts by the European Central Bank and Federal Reserve is different, the euro will weaken in the future. Geoffrey Yu, senior strategist at Bank of Mellon in New York, said that the euro may be parity with the US dollar this year, and the possibility of the European Central Bank cutting interest rates on Thursday is not ruled out.