Putin: Ever Pushing Euro Down
Chart shows the effect of Russian invasion of Gergia and Ukraine on the Euro. In the previous two attacks (2008 & 2014) the Euro went down around
The European economy before the current invasion was not of course great, and COVID rect havoc everywhere especially in bunkerred down Europe. Now that the effects of the coronavirus is diminishing and Europe tries to recover, Putin happens again.
So, are we heading for another 30% downward move on the Euro, seeing once again € at ¢80? With the devstating effects this war is causing all over the Europe, we afraid even worst.
- 30%
The European economy before the current invasion was not of course great, and COVID rect havoc everywhere especially in bunkerred down Europe. Now that the effects of the coronavirus is diminishing and Europe tries to recover, Putin happens again.
So, are we heading for another 30% downward move on the Euro, seeing once again € at ¢80? With the devstating effects this war is causing all over the Europe, we afraid even worst.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.