Euro weakness makes for European bargains

In real #currency news, the GBP/EUR looks like running up to the 1.2280 region, but its close enough as it approaches an interim extreme amidst a weak trend.

Time to sell British #Pounds and buy #Euro, in case you are buying an airplane from Airbus…..

Incidentally, the Euro’s weakness against the USD persists, even after it traded at an oversold extreme some 3 weeks ago. This downtrend is exhibiting strength.

December 11, 2024

rob@karriasset.com.au