Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Look at the forecast. Did they suggest to buy or to sell the foreign currency? (EUR is foreign). Please explain the answer fully. EUR/USD Forecast

Look at the forecast. Did they suggest to buy or to sell the foreign currency? (EUR is foreign). Please explain the answer fully.

image text in transcribed

EUR/USD Forecast Poll EUR/USD: Bears gearing up US data kept giving signs of improvement but remains well below pre-pandemic levels. Unprecedented levels of uncertainty about economic comebacks weighed on the market's mood. EUR/USD with an increasingly bearish potential in the long-term. . Read Full Analysis The FXStreet Forecast Poll about EUR/USD (Euro US Dollar) is a sentiment tool that highlights our selected experts' near and medium term mood and calculates trends according to Friday's 15:00 GMT price. 1 WEEK 1 MONTH 1 QUARTER Avg Forecast Avg Forecast 1.1164 1.1073 Avg Forecast 1.1079 25% Bullish 30% Bullish 27% Bullish 44% Bearish 58% Bearish 54% Bearish 31% Sideways 12% Sideways 19% Sideways Bias Bearish Bias Bearish Bias Bearish

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Intelligence For IT Professionals

Authors: Karen Berman, Joe Knight, John Case

1st Edition

ISBN: 1422119149, 9781422119143

More Books

Students also viewed these Finance questions