EUR/USD: muted reaction to the US pending home sales data

The EUR/USD pair showed little reaction to the upbeat pending home sales data in the US as continues to trade around 1.0840-1.0830.
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EUR/USD might head towards parity by year-end – BAML

Expecting the EUR to gradually weaken on policy divergence, Athanasios Vamvakidis, FX Strategist at BofA-Merrill Lynch, forecasts EUR/USD to head towards parity by year-end, although short-term risks of correction do exist.
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