What Is Eur Usd in Forex
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You can't fight poverty by just printing more fiat into the circulation. If you mean well for the people, embrace a transparent financial system.
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Euro is still at 1.15. Hilarious, not going to end well here, going way way way under a par at some point.
EUROPE will collapse and this will be the next global crisis.
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The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with the current economic crisis around the world.
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Doesn't matter whether the Euro gains or loses against the US dollar! Both are becoming worthless when it comes to buying real products and services. If printing money really worked, then today's greatest economy would be the German Weimar Republic! Get ready folks, hyper-inflation is at the end of this tunnel and nothing can turn around the train. It's been close to 100 years since the last Great Depression and I'm afraid this one will make the last one look like a mild recession.
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La Garde Has won. The print competition
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Who care is the Euro is up or down against the Dollar or the Dollar is up or down against the Euro? Fact is, they are both down against food, energy, housing, and everything we need to exist. Both are becoming worth less and less each day. If printing money to keep the economy afloat really worked, then today's greatest economy would have been the German Weimar Republic.
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The EUR/USD pair trades in the 1.1560 price zone, barely up on Thursday, despite a much better market mood. Global stocks advanced following news that US Senate majority leader Chuck Schumer announced an agreement on extending the debt ceiling by $408 billion until early December. However, the better market mood could not offset EUR weakness, as the common currency remains on the backfoot amid poor local data.
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Source: https://finance.yahoo.com/quote/EURUSD=X/community
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