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EUR/USD Forecast: March 2022

Furthermore, we have seen a lot of volatility due to the fact that Christine Largarde finally admitted that there was inflation in the European Union, and it was something that the European Central Bank was aware of. Traders immediately priced in the possibility of two interest rate hikes by the end of the year.

However, European Central Bank members almost immediately started to pushback against that idea, and then we started to see the Euro drift a little bit lower. Finally, as the possibility of a large-scale war on the European continent shows itself, people started to flee from Europe overall when it comes to finance. We have seen a complete repudiation of all things European, but I must admit it has been in a relatively orderly fashion. The Euro has fallen, the DAX has fallen, as well as the CAC in Paris. All of this shows that people […]

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