EURCAD : a buy executed at 1.46858 with a target of 1.48589.
EURAUD : buy executed at 1.63417 with target of 1.63417
Economically, Europe is in danger of falling further behind the United States. Lacking investments by both the business community and the government are putting a brake on the development of the region
While America continues to roar with an annualized growth of 5% in the third quarter, Europe is stagnating.
Parts of the continent have not yet recovered from the blow of the corona pandemic and a return to the previous growth path is increasingly out of sight as the European Central Bank's interest rate increases start to bite and European industry is pushed out of the world market by expensive energy.
EURAUD : buy executed at 1.63417 with target of 1.63417
Economically, Europe is in danger of falling further behind the United States. Lacking investments by both the business community and the government are putting a brake on the development of the region
While America continues to roar with an annualized growth of 5% in the third quarter, Europe is stagnating.
Parts of the continent have not yet recovered from the blow of the corona pandemic and a return to the previous growth path is increasingly out of sight as the European Central Bank's interest rate increases start to bite and European industry is pushed out of the world market by expensive energy.