What Will Cause the Euro to Drop? Forecast as of 21.10.2024

A Frexit? A Trump trade? Fears of the eurozone's sliding into deflation? Which of these drivers may cause the EURUSD to collapse? There are so many negative factors that the euro will unlikely pull back. Let’s discuss it and make a trading plan.Highlights and key points 2016 patterns revive dollar-positive Trump trade. France's credit downgrade weighs on the euro. ECB worries about the eurozone sliding into deflation. EURUSD's failure to hold on to 1.0865 is a reason to sell.Weekly fundame