I compared EURO value to all major world economies outside of European Economic area (EEA) for an accurate evaluation of euro currency on global scale (USA, Canada, China, India, Japan, Russia, Ukraine, Brasil, Australia and South Korea).
And this is what we get in times of COVID crisis:
When COVID started in Wuhan and China international demand for EURO started...
After a significant drop in oil prices, the dollar strengthened very much against the bulk of world currencies, and continues to grow. The panic with the corono virus creates pressure on many global assets, including oil, whose production is increasing, and demand is falling. The situation in Ukraine is very difficult and in such an environment, the national...