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3232FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues
https://www.digit.info/fx-strategists-from-citi-say-euro-could-sink-to-0-86-if-macro-turmoil-continues/
Sun, 16 Oct 2022 15:30:07 +0000https://www.digit.info/2022/10/16/fx-strategists-from-citi-say-euro-could-sink-to-0-86-if-macro-turmoil-continues/Read more]]>While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]
]]>Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a ‘Doom Loop’
https://www.digit.info/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/
Fri, 23 Sep 2022 16:30:59 +0000https://www.digit.info/2022/09/23/euro-taps-a-0-973-low-against-the-us-dollar-analysts-claim-british-and-eu-currencies-are-trapped-in-a-doom-loop/Read more]]>On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]
While the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]
On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the yen, yuan, and pound have struggled against the greenback during the past six […]