Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, August 22, 2023

USD Is Undervalued


The EUR/USD exchange rate should trade at 0.90 is Wolfteam Ltd.’s corporate opinion.

In the current geopolitical tumult and havoc it is highly surprising that the EUR/USD exchange rate has not gone below 1.00

What is more, the USA is obviously a safe heaven for assets,  which keep getting invested in US assets, predominantly treasuries and thus the USD appreciates.

Europe’s economy is not doing so well as the US economy. Germany, which is often considered the economic motor narrowly avoided recession by stagnating, that is recording 0.00 % growth.

All these factors go in favour of the United States Dollar, which could further appreciate according to Wolfteam Ltd.’s corporate view.

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