On August 24, 2024 it was noted that the Euro was expected to move to the 120 range as the US Dollar declined. Additional research revealed Euro vs. U.S. Dollar derivatives indicate this is expected to be the case. Based on the October 25, 2024 post, silver along with the Euro, should move higher over the coming months. This also implies the U.S. Dollar would be expected to move lower.
Note that this information is for educational purposes only and not a recommendation.
Euro chart courtesy of StockCharts.com.
