With investors desperate for shelter from economic and geopolitical storm clouds, the U.S. dollar has become something of a superhero - bolstered by its status as counter-cyclical safe haven with an added boost from its hawkish Federal Reserve (Fed). This 'dollar dominance' has wreaked havoc on the euro and most other currencies that rely on the greenback, making America's currency king in this turbulent time. The Euro is in for a rough ride. With current inflation and the economic struggles within the eurozone, experts believe we can expect to see more decline from Europe's currency in 2023. In a podcast from the LiteFinance blog by https://www.litefinance.org/bl....og/authors/artem-sha you can find out the EUR/USD exchange rate forecast not only for the next year, but also up to 2026 and beyond.
Economic forecasts are subject to constant change, as new market developments can dramatically alter the current landscape. To stay ahead of the game, savvy investors must keep up with these ever-evolving conditions!