The euro is in a neutral zone between 1.16 and 1.18, with a break below 1.16 signaling potential dollar index advance toward new highs, but currently trading at 1.17 in the dead center of the range and not showing catalysts for imminent breakout.
factualpending
Speaker
Patrick CeresnaEvidence Quote
“euro...in a neutral zone between 116 to the 118 level...at 117 right in the dead center...really been trading sideways for weeks”
Source
MacroVoices #530 Daniel Lacalle: China and The Us Will Decide The Outcome of The Iran War— Macro VoicesCreated: 8/12/2026, 6:10:01 PM
My Notes
Loading notes...