It presents a remarkable chance for investment due to the ongoing Ukraine war posing a threat to Euro economy. However, as the war persists, Europe will increasingly prioritize sustainable supply chains and self-investment, laying the foundation for substantial infrastructure development and an economic upswing.
As the significance of the Dollar diminishes, global attention will shift towards European stocks, offering superior yields.
In this scenario, I envision the EURO finally breaking free from its bear market and experiencing a surge in the coming year. It may later consolidate (around 1.60) before reaching new all-time highs.