The table above shows how the Eurozone and the US performed economically in 2024 and how the "Real Parity Value" was shaped.
The US managed to reduce its inflation from 3.20 to 2.83. The Eurozone's inflation is lower. They also decreased from 2.90 to 2.42. When we look at the growth figures, the superiority of the US is very clear. They closed the figure of 2.90 in 2023 as 2.77 in 2024. The growth of the Eurozone is very low. They achieved rates of 0.40 in 2023 and 0.70 in 2024.
This superiority of the US causes the "Real Parity Value" to decline. This value, which was 1.0716 at the beginning of 2023, fell to 1.0542 by the end of 2024. There is a decline of (-1.83%) due to the difference in growth figures between the US and Europe.
In September 2014, the market value of the Euro/Dollar parity peaked at 1.1134, while the value of 1.0353 in December is the lowest value it has seen all year.
This table is another indicator that the Euro/Dollar parity can fall to much lower values. We will be able to see much better what is what in the coming months.
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