What goes up have to come down, vice verse. EUR has been depressed for too long, it's time to wakeup and fly.
Euro rally overdone or start of new uptrend?
The euro’s relief rally following the receding threat of right- and left-wing populism in Europe after Macron’s election win in France has turned the euro to one of this year’s best performing currencies against the US dollar. The presidential election in France was seen as a key test for European political stability, as well as the fate of the European Union (EU). A victory for the far-right candidate, Marine Le Pen, could have boosted far right movements in other European states and led the way to France’s exit from the Eurozone, possibly even the EU. Emmanuel Macron’s landslide victory over Le Pen ... (full story)