One can look at the euro dollar as a movement of capital into a zone of stability, and an escape from various risks.
From this point of view, the devaluation of the euro against the dollar may continue. Pay attention to the movement of the euro after 09.11. Something like this can now happen in the opposite direction, as the economy will not go into the zone of possible problems. Even if Europe is not threatened, gas and oil supplies from Russia are in question, the high price will not contribute to economic growth.
From this point of view, the devaluation of the euro against the dollar may continue. Pay attention to the movement of the euro after 09.11. Something like this can now happen in the opposite direction, as the economy will not go into the zone of possible problems. Even if Europe is not threatened, gas and oil supplies from Russia are in question, the high price will not contribute to economic growth.
