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View Full Version : The Euro Declined Against the US Dollar



Leecarson
05-19-2015, 08:13 AM
Finally we saw that Euro declined against the US Dollar. It was very much expected after negative RSI divergence.

Investors do not consider it a good opportunity and prefer to stand until time present a move lucrative opportunity to them. There are mixed views on http://www.profitconfidential.com/u-s-dollar/euro-vs-u-s-dollar-forecast-2015/ euro vs dollar forecast.

Looking at the multiple scenario and things in the past I believe the ultra-loose, whatever-it-takes-to-get-inflation-up stance taken by the ECB can easily drive the euro to parity with the U.S. dollar.