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A comment on The euro and the dollar are a penny away from parity for first time in 20 years. Parent comment

Re:The euro and the dollar are a penny away from parity for ... by laurencerowe on Monday July 11, 2022 @11:59AM (#32057872)
> The ECB and BoE are still printing money. So mechanically USD goes up against both GBP and EUR.

The ECB has stopped bond buying as of July 1st. https://www.reuters.com/markets/rates-bonds/ecb-ends-bond-bu...

The BoE stopped expanding QE in December and started tightening in March. https://www.bankofengland.co.uk/monetary-policy/quantitative...

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Re:The euro and the dollar are a penny away from parity for ... by cm2187 on Monday July 11, 2022 @12:04PM (#32057962)
ECB Balance sheet still going up [1]. Granted, BoE is now flat, I stand corrected on that [2]

[1] https://tradingeconomics.com/euro-area/central-bank-balance-...

[2] https://tradingeconomics.com/united-kingdom/central-bank-bal...

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Re:The euro and the dollar are a penny away from parity for ... by laurencerowe on Monday July 11, 2022 @12:15PM (#32058089)
Those figures are for June 24th. I read the announcement as the ECB balance sheet stopped going up as of July 1st.

The BoE balance sheet stopped going up as of December and has been going down since March. (You can see this if you switch to the 1Y view of your chart.)

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