Hello Guys!
I always found complicated to track two economies for one use. But here is even more complicated due to the fact that Euro can be affected by 19 members.
Now everyone knows that all Euro area member states suffer under strong inflation and that's a fact. (example: 1 baked local croissant went from 0.2 euro to 1.9 - my experience :) )
It all started even before the conflict between RU and UKR. But this point just increased the speed of what had to come in the near future.
As a fact we have FED which is trying to reduce the speed of Inflation in the US, and we have the EU which is giving subventions for PV installation on your roofs. :)))) In any case, USD even if it's the second one in the pair EUR/USD he is the trendsetter. As I said in a previous post about NQ all this tragedy is just an artificial maneuver to wash some money.
If you want to learn more about the market you must learn about the political parties that run the public administration.
1. Trump ran the Republicans Party
2. Biden running the Democrats
Why am I saying this? (With All respect we do not consider Bush a Republican) Republicans are interested to grow the economy while Democrats have their own old fashion style. As a fact when Trump did what he did, he showed the best performance (in the 21st century) for the economy and Financial market he never went into conflicts, only Cashing out. And he did it in a very simple way. The dollar was cheap, friendly, and accessible to all types of investors in the world. Now unfortunately actual Administration made a mess or it was a script and they've been forced to increase Interest rates to slow down the inflation which made USD hella expensive. But no one can go against nature and Toyota cant cost like Bentley. I'm pretty sure that is one of the best long-term investments on the table right now and after this mess will be sorted for the next 10-15 years you won't see EUR/USD so low (of course if we will be alive) despite all the rumors we have now I consider they only barking and they will not bite.
You can wait till the first interest rates cut, you can start to add it to your portfolio. And maybe you will thank me later...
I always found complicated to track two economies for one use. But here is even more complicated due to the fact that Euro can be affected by 19 members.
Now everyone knows that all Euro area member states suffer under strong inflation and that's a fact. (example: 1 baked local croissant went from 0.2 euro to 1.9 - my experience :) )
It all started even before the conflict between RU and UKR. But this point just increased the speed of what had to come in the near future.
As a fact we have FED which is trying to reduce the speed of Inflation in the US, and we have the EU which is giving subventions for PV installation on your roofs. :)))) In any case, USD even if it's the second one in the pair EUR/USD he is the trendsetter. As I said in a previous post about NQ all this tragedy is just an artificial maneuver to wash some money.
If you want to learn more about the market you must learn about the political parties that run the public administration.
1. Trump ran the Republicans Party
2. Biden running the Democrats
Why am I saying this? (With All respect we do not consider Bush a Republican) Republicans are interested to grow the economy while Democrats have their own old fashion style. As a fact when Trump did what he did, he showed the best performance (in the 21st century) for the economy and Financial market he never went into conflicts, only Cashing out. And he did it in a very simple way. The dollar was cheap, friendly, and accessible to all types of investors in the world. Now unfortunately actual Administration made a mess or it was a script and they've been forced to increase Interest rates to slow down the inflation which made USD hella expensive. But no one can go against nature and Toyota cant cost like Bentley. I'm pretty sure that is one of the best long-term investments on the table right now and after this mess will be sorted for the next 10-15 years you won't see EUR/USD so low (of course if we will be alive) despite all the rumors we have now I consider they only barking and they will not bite.
You can wait till the first interest rates cut, you can start to add it to your portfolio. And maybe you will thank me later...