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The Euro Has Soared High. Is It Time to Fall?
Negotiations have failed, and the Strait
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Negotiations have failed, and the Strait of Hormuz is blocked. The US and Iran are accusing each other of hijacking tankers. And the euro is not going to drop below 1.17. Since the start of the armed conflict in Ukraine, the regional currency has performed better than its G10 peers, except for the Norwegian krone, the currency of an oil-exporting country. Paradox? When emotions and the fear of missing out rule the markets, this happens. However, illusions will be lost
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2026
Summary
Urgency
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Igor Kovalyov
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