Euro under siege as Middle East war exposes fragility, EUR/CAD to dive to 1.57

Wait 5 sec.

While the military theater of the US-Israel-Iran conflict is centered in the Persian Gulf, its economic epicenter is arguably the Eurozone. The sharp decline in Euro this week is not merely a broad flight into Dollar safety. It reflects targeted repricing of Europe’s structural vulnerabilities at a moment of acute energy risk. Euro has emerged […]The post Euro under siege as Middle East war exposes fragility, EUR/CAD to dive to 1.57 appeared first on ActionForex.