EURO/USD

 Euro history High 1.6012

 Euro Releasing price 1.1686 in 1999
Reasons of EURO Fall:
 BREXIT (Britain Exit from Euro zone)
 Covid19 (Death toll in EUROPE & Longest shut down of Industries)
 Current account deficit after Covid19
 Ukraine Russia War
 Russia halt GAS Supply down to its main pipe line to Europe (Energy Crises & Higher
Energy Prices)
 9.1% Inflation in Euro zone (Highest after 2000 due to monetary policy decisions)

Because of above mentioned reasons investors across the globe lose hope in EURO currency and
create economic uncertainty which brings down EURO below to parity rate (Parity means 1 euro is
equal to 1 USD) against US DOLLAR.

After getting hit by Covid19 and loosing charm of investors, European central bank now decided to take
aggressive measures to boost EURO and brings investors back in Euro market (TO INCREASE DEMNAND
OF EURO)

Current Scenario & measures taken by European Central Bank

 Soft Brexit deal(Free Trade Deal with UK)(Political stability in UK)
 Economic stability after Covid19
 Increase of Interest Rates(Financial toll to reduce inflation & Attraction for Foreign
investors towards EURO & European Central Bank) Like United States
 Good Economic Reports
 Low Energy Prices in International Financial Markets
 Subsidies to industries from Govt.
 Shifting to New Source of Energies

Opportunity

This is the its time after 2002 Euro is Cheaper then USD which is almost a fall of 40% in the Single
currency of Europe So investors across the globe are having close Eyes on next five upcoming meetings
of European Central Bank which are going to held in October & November in which they are definitely
going to increase their interest rates by 75 Basis points & Also going to announce their futuristic
approach towards monetary policy due to which Euro gives six hundred points move in last 10 days
before the announcement of interest rates

Trade Strategy
  1st buying (100K Euro) from 0.9600
 2nd buying (100K Euro) from 0.9500
 3rd Buying (100k Euro) from 0.9400
 1st target will be 1.0000
 2nd target will be 1.0100
 3rd target will be 1.0200

1 point movement is equal to 1 Dollar with minimum Quantity that you can buy with Pakistan
Mercantile exchange limited

TARGETS WITH RETURNS:

 1st target=500 Points with 300k Euro=300000*0.0500*225=3375000PKR

 2nd target=600 points with 300k Euro=300000*0.0600*225=4050000PKR
 3rd target=700 points with 300k Euro=300000*0.0700*225=4725000PKR

Why to buy Euro with Pakistan Mercantile Exchange limited

 Funds Liquidation 24/5 (withdrawal on a single click)

 Availability of Buyers and Sellers on single click
 Pocket business
 Availability of Opportunity 24/7
 Security of your funds Plus tax paid income
 Increase your buying power up to 99%
 Get Rid of PKR Depreciation