Euro breaks through key support level. Next support level will be reached somewhere between $1.25 and $1.30. A weaker euro lessens the probability of an export-led recovery in the U.S.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Have You Cut the Cord Yet with Cable? - August 16, 2019
- Incumbents Fight Back Against Amazon’s Rx Inroads - August 15, 2019
- Is China Set for a Crisis Four Times Worse than the Great Recession? - August 14, 2019