Want the lowdown on European markets? In your inbox before the open, every day. Sign up here . The euro is on the verge of U.S. dollar parity for the first time in two decades. Europe’s common currency has already slumped to a five-year low near $1.03, buckling from a rush into the greenback as a haven from market turmoil and on the war in Ukraine. That’s led the likes of HSBC Holdings Plc and RBC Capital Markets to predict the two will hit parity in 2022. Hedge funds are already betting on it. They’ve piled on $7 billion in notional value into options wagers on parity in the past month alone, making it the most popular trade among those looking for a further drop in the common currency. “The euro itself is not an attractive currency at the moment,” said Francesco Pesole, a currency strategist at ING Groep […]