EUR USD has had a long journey travelling between 1.05 and 1.1. At the time writing this , ongoing war between Russia and Ukraine is escalating benefiting Russian side. This has created a condition in witch euro currency is under immense pressure and on the other hand we have a dollar with high CPI readings and a FED unable to cut rates as they promised. This situation leading to EUR USD loosing value. expecting EUR USD to drop below 1.05 and continue dropping to 1 area in a long run.
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