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If you are old enough to remember the booming real estate market back in 2006, you also remember that it was the last year of the U.S. housing bubble. The following year, social mood took a hard dive, the stock market topped and a set of dominoes around the world quickly ushered in a global financial crisis, the biggest one wince the Great Depression. But what if “it’s different this time?” Our Head of Global Research shares his thoughts in the new essay.
Why Didn’t EURUSD Ride Democrats’ “Blue Wave” Higher?
Our January 7, our Currency Pro Service warned EURUSD was set to peak. See what – happened next and why by Nico Isaac Updated: April 01, 2021
Today is April 1, also known as April Fool s Day, a time of playful pranks and harmless hijinks. But, for many euro bulls, the entire experience of 2021 may feel like one long practical joke.
The reason being, since the start of the new year, the EURUSD exchange has experienced a prolonged sell-off to 5-month lows as of March 30.
In fact, according to a March 25 Yahoo! Finance, the euro has been the worst-performing currency among the Group of 10 nations.