# EUR/USD Euro on Brink of Dollar Parity Invites a Wave of Short Bets - Bloomberg

> Traders are increasingly betting the euro will fall below dollar parity for the first time in 20 years as the European economy slides toward recession. Shorting the euro has become one of the most popular trades.

- Date: 2022-07-06 · published 2022-07-06T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/10289-eur-usd-euro-on-brink-of-dollar-parity-invites-a-wave-of-short-bets-bloomberg
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Heavy speculative positioning against the euro reinforces downward currency pressure, which strengthens the dollar and can make dollar-priced feed commodities less costly for European buyers while signaling weaker European demand.

## Read by commodity

- EURUSD: bearish ▼

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-07-06/euro-on-the-brink-of-dollar-parity-invites-a-wave-of-short-bets

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.