Full Euro
June 17, 2025 Leave a comment
Soon, there will be noise about the Euro’s strength versus the USD…and it’ll be time to sell it.
Remember, all the hoopla when the Euro was falling towards parity against the U.S. Dollar and predictions of its unworthiness were common?
The EUR/USD appeared as an oversold extreme back then in January 2025 in my weekly edition of Macro Extremes.
That was when a host of forecasts were on the wrong side of it all, such as;
“”We maintain a target of $1 for the euro for Q2…..we expect the theme of broad USD strength to remain in force,”
“our view for the next few months is for the dollar to still be quite strong. Even thinking about what potential new policies could be unveiled…….it should be favoring the dollar. In some ways, there’s a flavour of ‘there is no alternative,”
Since, the USD has fallen 10% and the EUR/USD has risen 12%.
That is not the USD strength and weaker and subdued Euro.
June 17, 2025
rob@karriasset.com.au
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