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, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #10 in CNBC's 2019 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.
Latest posts by Jeremy Jones, CFA (see all)
- Summers: A Woke Federal Reserve Won’t Save America from Inflation - October 15, 2021
- WHAT INDEPENDENCE? The Fed and Treasury Are Yin and Yang - October 14, 2021
- PANDEMIC PROFITS: Washington’s Windfall - October 13, 2021