Euro Rate
E uro Currency – The Bull Trend is Dead and a Big Profit Opportunity 700 Pips Or More!
Executive Summary about euro rate by Kelly Price
euro exchange rate
We may have one more rally but the highs are in and the euro will decline, as the dollar bearish fundamentals have peaked. – Bearish sentiment of investors has peaked
- The market is not just focusing on problems with the dollar but in other countries
- Higher yields are needed but the yield disadvantage will narrow as Fed looks to raise rates
Euro Rate
Here are the main reasons which point to euro weakness
- Current account balances no longer show the euro is under valued
- In terms of purchasing power parity the euro U.S Dollar rate should be around $1.20
- This shows that the euros rally has really been based on interest rate perceptions
- The ECB will be reluctant to raise rates with economic activity weak
- Labor markets remain tight but economic activity will dictate rate rises
The interest rate differential that has driven the euro higher has gone and we will now see a period where the dollar works its way higher.
The Charts
The target at present is the bottom of the range 1.54 and if this gives way 1.50.
Understanding the Euro Rate
Executive Summary about euro rate by Y. Tilden
The Euro is the official currency of 13 countries in Europe. The Euro rate is the current value and exchange rate of the Euro. The value of the Euro rate is greater than that of the US dollar rate. The Euro rate ultimately affects a great deal of the foreign exchange , or forex market . Negative factors such as war, drought and recession also affect the Euro rate. On the other hand, positive factors also affect the Euro rate. If you need more information on the Euro rate and the foreign exchange market , you can find a wealth of information on the Internet.
The site contains a great deal of information on the Euro rate, which is important for those dealing with this increasingly important currency.
Check out my other guide on Exchange Currency
