EUR/USD to plunge 4% in next 7 days

FX:EURUSD   Euro / U.S. Dollar
574 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.
Great analysis. Keep the good work UP!
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
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
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