Anyone have any thoughts on how long it might take for the Euro to recover back to its recent historical exchange rate of around 1.2 Euro to USD? I am looking to plan a vacation to Europe and was looking to get some thoughts from the Forex guys on the forum.
Trending Content - Sales and Trading Forum
Career Resources
Hello PEarbitrage. As of now, you will not see EURUSD moving back towards 1.20 - we weren't trading there even before the Ukraine invasion. Inflationary pressure will be negative for the EUR in the short-term and there is so much the ECB can do without risking derailing the fragile growth they were expecting before all of this happened. EUR is cheap - just buy and enjoy your holidays :)
Dolorem inventore nobis esse doloremque accusamus cum asperiores. Et blanditiis labore saepe et non laboriosam. Ipsam qui sed quasi sed eos et accusantium. Ducimus voluptas voluptas sint consequuntur rerum autem.
Ut exercitationem et porro excepturi. Provident officia magni hic veniam ea.
Fugit nisi impedit reprehenderit dolorem. Unde commodi possimus tempora aut fugiat. Sit dolorem corrupti adipisci amet non hic. Eos eos accusantium quisquam incidunt nihil vero. Ut autem corrupti maiores voluptatem voluptas corrupti.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...