euro/dollar - Traders have reason to lock in profits

The strong ending of oil this week may support the US dollar at a critical moment

As expectations of US interest rate cuts intensify, the euro/The US dollar has been rising for three consecutive days

It is expected that the European Central Bank will follow the Federal Reserve in lowering interest rates

The spread between the Euro and the US dollar will be 2024 Continuous existence every year

euro/The fluctuation range of the US dollar this year is mainly in the1.04-1.11

Last time the increase exceeded 1.10 Afterwards, it quickly fell to 2023 Mid year interval

Traders bet that the euro will rise by more than 200 USD100mn

Profit will never come at a bad time And now may be a good time to lock in profits