The euro has been gaining steam as investors seek new havens during geopolitical turmoil.
Paywall? https://archive.is/G7MKS
The euro has been gaining steam as investors seek new havens during geopolitical turmoil.
Paywall? https://archive.is/G7MKS
In November 2005 the euro was at a similar level to today. In February of 2008 it was over 1.50. YTD we saw a 13.27% gain of the EUR. At that pace it takes about a year to be at 1.50. With Trump in charge and things like an end of the war in Ukraine possible, that could indeed happen.