EUR/USD reached 1:1 but it's not a bottom yet

Euro Fx/U.S. DollarFXCM

Description

⋅ Jul 12, 2022 8:34 AM

EUR/USD reached 1:1 but it's not a bottom yet
main reasons for this:
- Interest rates
- Trade deficit in EU
- Big prices of OIL
- WAR that Russia started in Ukraine

Comments

awais25

⋅ Jul 12, 2022 9:05 AM

hahaha, euro zone is under inflation and their administration fail to manage the situation.

Yuriy_Bishko

⋅ Jul 12, 2022 1:45 PM

@awais25, And it's not a bottom yet

SalvadorNoli

⋅ Jul 12, 2022 9:04 AM

Very interesting insights — Thank you!

Yuriy_Bishko

⋅ Jul 12, 2022 1:45 PM

@SalvadorNoli, thank you my friend