Wondering what is going to happen to EURUSD in the next years
I believe that depending the developments with coronavirus, the decisions the leaders of the Eurozone are going to take and how the southern countries are going to respond to their debts, are going to be crucial.
There are 2 options, either uncertainty is going to make US dollar stronger against all other currencies as people are going to look for a safe heaven other than gold (and possibly bitcoin) or quantitative easing, money printing and negative interest rates are going to put investors in risk taking mode.
In this case, euro and some other currencies are probably going to rise against the US dollar at least for some time...
1.15 seems to be a good price to be expecting relatively soon...
There are 2 options, either uncertainty is going to make US dollar stronger against all other currencies as people are going to look for a safe heaven other than gold (and possibly bitcoin) or quantitative easing, money printing and negative interest rates are going to put investors in risk taking mode.
In this case, euro and some other currencies are probably going to rise against the US dollar at least for some time...
1.15 seems to be a good price to be expecting relatively soon...