💰Forex: EUR/USD
When all the mainstream financial analysts announce the same trend, chances are the opposite will happen! 😅
The $Euro testing solid technical supports and at the Bollingers lower band, it may be complicated to get a #EURUSD parity, but rather to see a rebound to go back above $1.20++
Since the beginning of the conflict in Ukraine, the Fed and its $USD has gained +13% on the $EUR which is already a lot!
When all the mainstream financial analysts announce the same trend, chances are the opposite will happen! 😅
The $Euro testing solid technical supports and at the Bollingers lower band, it may be complicated to get a #EURUSD parity, but rather to see a rebound to go back above $1.20++
Since the beginning of the conflict in Ukraine, the Fed and its $USD has gained +13% on the $EUR which is already a lot!
🔅 The Dow dropped 1,120 points, or 3.3%, on the worst day of the year on Wall Street.
The S&P500 fell 3.7%. The Nasdaq tumbled 5.2%, its worst day since 2020, while the world's stock indices held steady as well as the Dollar Index #DXI which closed at 0%.
"I've been in the markets for 25 years and I've never seen anything like this," said Danielle DiMartino Booth chief strategist for Quill Intelligence, a WS and Fed research firm. "It's violent not just volatile"
🔅 The Russian rouble reached its highest level against the dollar since March 2020, from 165 RUB to bellow 100 RUB for $1 USD
🔅#EURUSD stabilizes around $1.05 which is good news for most foreign currencies not pegged to the US dollar
The S&P500 fell 3.7%. The Nasdaq tumbled 5.2%, its worst day since 2020, while the world's stock indices held steady as well as the Dollar Index #DXI which closed at 0%.
"I've been in the markets for 25 years and I've never seen anything like this," said Danielle DiMartino Booth chief strategist for Quill Intelligence, a WS and Fed research firm. "It's violent not just volatile"
🔅 The Russian rouble reached its highest level against the dollar since March 2020, from 165 RUB to bellow 100 RUB for $1 USD
🔅#EURUSD stabilizes around $1.05 which is good news for most foreign currencies not pegged to the US dollar
#EURUSD plunges into 1/1 parity for the second time in 40 days... ‼️