Currency strategists are tearing up forecasts for the euro in the wake of the US elections and are making a new call: a shift towards parity with the dollar.

At least 10 banks – including Barclays Plc, ING Groep NV and Nomura International Plc – cut their calls in the past week, a reversal from recent months when many raised outlooks for the single currency. Pictet Wealth Management is among those calling for parity, while Deutsche Bank AG sees a risk that the euro could fall even further. And options betting shows traders betting against it as a favorite way to play the prospects Donald Trump‘s presidency.