Forex depends on the real economy
The trend of forex is not only financial alchemy, predicted by the charts and instruments in the hands of forex analysts, is also a direct consequence of the real economy.
In practice, the forex is a reflection of economic relations between nations or in the case of the Euro, between different economic areas. For example, take the case of the endemic weakness of the euro is not due to speculation, is due to the insane practice of European governments to inflate their debt up to capacity, forgetting that sooner or later, that debt must be paid. Or perhaps bad faith, knowing that that debt will never be repaid.
Here, therefore, that the euro is weakened because international investors have sensed
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