Price of the Euro against the Dollar has steadily depreciated over the course of 15 years, beginning its's decline with the global financial crisis back in 2008. Many fundamental factors have contributed to this price action, and likely this downtrend will continue for the foreseeable future, as the European Union is an inherently flawed system, and the USD retains its status as the world reserve currency.
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New Fiscal Year starts tomorrow.Trade closed: target reached
Donald Trump wins his reelection. Market reacts by boosting the Dollar.
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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.