# EUR/USD Euro Set to Hit Parity With Dollar in a Month, Wells Fargo Says - Bloomberg

> Wells Fargo expects the euro to reach parity with the US dollar within a month. The forecast rests on a widening gap between US and European interest rates and economic growth.

- Date: 2022-06-14 · published 2022-06-14T12:00:00.000Z
- Category: macro · region Euro zone · magnitude low
- Page: https://feedsoft.ai/events/9636-eur-usd-euro-set-to-hit-parity-with-dollar-in-a-month-wells-fargo-says-bloomberg
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

A forecast of parity signals continued dollar strength, which could raise the euro-denominated cost of dollar-priced feed ingredients. The impact is mostly sentiment rather than a confirmed policy change.

## Read by commodity

- EURUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2024-03-28 | [Currency Markets: A Decline in the Euro to Parity With the Dollar Beckons - Bloomberg](https://feedsoft.ai/events/31420-currency-markets-a-decline-in-the-euro-to-parity-with-the-dollar-beckons.md) | +0.1% | -1.2% |
| EURUSD | 2024-11-12 | [(EUR/USD) Euro Parity With Dollar Is the Big New Call by Currency Analysts - Bloomberg](https://feedsoft.ai/events/7557-eur-usd-euro-parity-with-dollar-is-the-big-new-call-by-currency-analysts.md) | -1.2% | -1.8% |
| EURUSD | 2024-04-12 | [Euro (EUR USD) Falls to Five-Month Low as ECB-Fed Divergence Looms Large - Bloomberg](https://feedsoft.ai/events/9969-euro-eur-usd-falls-to-five-month-low-as-ecb-fed-divergence-looms-large-bloomberg.md) | -0.6% | +0.5% |
| EURUSD | 2022-06-30 | [Euro to Hit Parity against Dollar by August says Nomura](https://feedsoft.ai/events/41162-euro-to-hit-parity-against-dollar-by-august-says-nomura.md) | -3.0% | -3.0% |
| EURUSD | 2024-04-09 | [ECB-Fed Rates Split Ignites Talk of Euro Sliding to Dollar Parity - Bloomberg](https://feedsoft.ai/events/9973-ecb-fed-rates-split-ignites-talk-of-euro-sliding-to-dollar-parity-bloomberg.md) | -1.9% | -0.7% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2022-06-14/euro-set-to-hit-parity-with-dollar-in-a-month-wells-fargo-says

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