If one were to take away the multiplicity of hurdles facing a weaker USD. Then one would realize that the real reason the USD is weaker against the EUR is that there are stock market factors. The DOW plunged recently wiping off $5 Trillion. If the Eur remains at the $1.24 level then it looks surely to reach the $1.26 mark.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.