Europe, Euro, Trump and 2024

This is a post by one of our long-time and highly respected members of the Global-View.com Forex Forum. As a reference, EURUSD is trading as of this writing at 1.0780 vs. its 2022 close at 1.0702. and 50% of the 2023 range (1.0448-1.1274) is 10851.From the Forex Forum:swissIt doesn't get any more balanced/neutral/evenly positioned (or unpositioned) as it is right now. Basically unchanged on the year (+/- 0.5%) sitting within a blip of the 200-day mov avg at 1.0825, and about halfway between the 1.1280-ish high – 1.0450ish low.The current market psych of 2024 US slowdown and Fed eases leaves the downside vulnerable to data indicative of the