KrunchieKilleen
Short

EUR/USD to plunge 4% in next 7 days

FX:EURUSD   Euro Fx/U.S. Dollar
573 3 6
So, the Eurozone is facing a Deflationary threat and will increase its Quantitative Easing programme accordingly. The Euro             should plunge about 4% against the Dollar in the next seven days.
RahulRao
2 years ago
Am new to fundamental analysis. If it is facing deflation then eurozone has to increase its interest rates which means the euro will grow ??? Am i right?
+1 Reply
russelldaily RahulRao
2 years ago
RahhulRao
Any market move depends on how it affects investors. Some moves are already priced in prior to the announcement. And, just because the Euro should do something; will it. While I'm not sure of a 4% move will happen if the Euro increases QE. I hope it does since I'm short the Euro. lol
Reply
SharifAzadeh
2 years ago
Great analysis. Keep the good work UP!
Reply
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