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EUR/USD Review. June 25. Can Central Banks Relax?
The EUR/USD currency pair continued its
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The EUR/USD currency pair continued its decline on Wednesday. The downward movement did not halt for a moment—neither in the evening, at night, nor in the morning. Thus, we still believe that the current rise of the U.S. dollar is not connected with geopolitics, macroeconomics, or fundamentals. While on Tuesday it was plausible to suggest that the decline in the euro and pound was linked to weak business activity indices in the Eurozone, Germany, and the UK (although we had
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Paolo Greco,
Analytical expert of InstaForex
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