Regional risks that are getting more serious and the European energy crisis continue to put pressure on the EUR. I think that these risks are not transitory in the short term and even if the invasion is over, Europe needs a relatively long time to solve its -homemade- energy crisis.
On the other hand, strong expectations that the FED will start rate hikes and the strengthening employment market in the USA causing a rally in DXY.
Long story short, I believe the EUR will continue to depreciate against the USD in the medium and long term.
On the other hand, strong expectations that the FED will start rate hikes and the strengthening employment market in the USA causing a rally in DXY.
Long story short, I believe the EUR will continue to depreciate against the USD in the medium and long term.