The Eurozone has lately experienced a setback in economic progress, although it comes as no surprise. European Central Bank authorities have warned about persistent inflation set to last long and hence, maintain policymakers on the tightening path, which among other things, undermines growth. That's neither a surprise, considering the more dovish stance adopted by the ECB in March 2022, when other central banks were shifting into aggressive policies to tame inflation.
FXMAG.COM: In light of the latest data from the Eurozone, what forecast can you make for the EUR?
Valeria Bednarik:
The Eurozone has lately experienced a setback in economic progress, although it comes as no surprise. European Central Bank authorities have warned about persistent inflation set to last long and hence, maintain policymakers on the tightening path, which among other things, undermines growth. That's neither a surprise, considering the more dovish stance adopted by the ECB in March 2022, when other central banks were shifting into aggressive policies to tame inflation.
Valeria Bednarik was born and lives in Buenos Aires, Argentina. Her passion for math and numbers pushed her into studying economics in her younger years. She joined the investment world in 2001, looking for financial independence, once she graduated from the Universidad Católica del Salvador as a Certified Public Accountant. Before College, Valeria attended a bilingual school, the First English School since kindergarten.
In 2006, she began writing some articles through FXStreet as an independent analyst. Back then, Francesc Riverola, owner and co-founder of the company, invited her to join his team, initially to create a news feed, but also to enhance FXStreet's authority in the FX sphere.
Current work at FXStreet
Through the years, Valeria has grown alongside FXStreet and is currently the Chief Analyst and Content Leader of the company. Throughout the way, she spent several years educating herself and newbies. “A day without learning something new, is a day wasted,” she likes to say.
Previous financial experience
Valeria has extensive experience in writing technical and fundamental analyses particularly focused on currencies and commodities. Her short but spot-on pieces cover the different aspects of the market, adopting a didactic approach that fits any reader's level of expertise.
Educational background
Certified Public Accountant from Universidad Católica del Salvador.