📝Euro Falling to Parity If ECB Backtracks Policy Normalization: Unicredit

The ECB could abandon its policy normalization plans and consider expanding asset purchases to support economic growth, thereby depriving the euro of what has likely slowed the pace of its fall against the dollar so far. The removal of this brake will likely speed up the pair's (EUR/USD) fall toward parity, with 1.05 as an intermediate target. - Unicredit FX Strategy