In this short, I would like to advise investors to sell Euro as it may decline to 0.91 in short to medium term (a decline of appx.9%) and ultimately to 0.85 against USD by this year end from the current level of 0.999 as I believe that economic situation in Europe will worsen further along with increasing inflation as we enter winter and with tightening of interest rates by us FED and relative inaction by ECB, Euro is bound to decline signficantly to complete a 25 year cycle of bottoming out at 0.85( it reached this level in Jan 2001)
Euro weakening has started and come down to parity to USD- ย ย ย โขย #euroย โฌย weakeningย hasย started!ย โฌย mayย goย do...ย ย - 11th Apr 2022
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