The EUR/USD currency pair fell a bit on Friday as we continue to see a lot of concern around the world.
Keep in mind that we’ve been in a downtrend for quite some time, and it does make sense that we will see the euro suffer as a result, based upon simple momentum.
Furthermore, you need to keep an eye on the fact that the interest rates in America continue to be much higher than in the European Union, which makes sense considering just how much negativity there is surrounding the European Union.