FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

While the euro has found support between 0.96 do 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13,

S&P Global Report Says EU and UK Are in a Recession, Putin Thinks the West Is Greedy

Danes’s blustery global economy has everyone on edge as inflation has wreaked havoc on the wallets of ordinary people and energy prices continue to soar worldwide. According to Credit Suisse, “the worst is yet to come,” as the global investment bank’s…