EURO FOR THE EURO IN 2025
EURO IN 2025
Given the current global conditions, I foresee a dual scenario for the euro versus the dollar. If the euro surpasses the resistance of 1.06 dollars, we will see a 5% increase. What does this mean for Europeans? Lower inflation and greater purchasing power to travel to countries like the United States in 2025.
But if the euro drops below 1.05, the next scenario will be as follows:
On one hand, the increase in import prices could lead to a decrease in consumer purchasing power. On the other hand, the rise of the dollar could also affect the availability of certain products, as European companies might decide not to import products that become too expensive due to the change in the exchange rate. At this moment, the euro is around 1.05 cents per dollar.
In summary, the rise of the dollar in Europe could have a significant impact on consumers, as it could lead to an increase in import prices, a decrease in purchasing power, and a possible decrease in the availability of certain products. It is important for consumers to be aware of these changes and adjust their consumption habits accordingly. My prediction is that the euro will fall by 5% in the next 6 months.