How Far Can Euro Fall?

//How Far Can Euro Fall?

Everyone wants to know how much further the euro can fall. Not only has it been in a downtrend since the beginning of the month, but it lost value 8 out of the last 9 trading days and on the one day that it rallied, the increase was modest at best. Investors have beaten the currency down to its lowest level since April 2017. In order to gage how much further the pair can fall, we have to understand why its losing value as quickly as we’ve seen. 6 Reasons for EURO’s decline We can identify at least six reasons for EUR/USD’s decline and they mostly have to do with divergence between the EZ and US economies 1. ECB … (full story)

2020-02-14T10:26:37+00:00