Managing Partner, VRS (Valuation & Research Specialists)

VRS (Valuation & Research Specialists)

Managing Partner

Valuation & Research Specialists (VRS) is a boutique financial advisor with more than 17 years of experience in Corporate Valuation and Finance, and a diversified client base including some of the largest Companies in Greece.

Since 2002, VRS has completed more than 200 engagements in the areas of business valuation and financial analysis for more than 100 clients in a wide range of industries.

VRS has been honored to work with small and large private and publicly traded companies in Europe and overseas.

Boutique Financial Advisor

FX & Rates

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<h2>Comment on Exchange Rate EUR/USD</h2>
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<h3>Graph Analysis – Review</h3>
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<p>According to Graph 1, there has been a relatively narrow fluctuation for the EUR/USD exchange rate. During the examined period starting from December 8th, 2021 and ending on January 7th, 2022, there were three main movements for the exchange rate. More specifically, the currency pair followed a downward trend from the start of the month and up to December 17th. Shortly after, the exchange rate had a slight increase from December 17th to December 31st. Finally, the pair fell in value from December 31st to January 6th. Throughout the period, the MA 10 and MA 20 were moving sideways with the short- term MA remaining broadly above the long-term MA. The Candle Bar, Graph 2, depicts that the candles were equally split between green and red over the period under consideration. In Graph 3, the PPO was fluctuating in negative territory providing a potential sell signal, whereas in Graph 4, the MACD was trading above the signal line for almost the entire period.</p>
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/256/908/original/image_64594115121644802441307.png?1644802443" class="editor-image img-responsive" data-smartkarma-image-id="256908"></figure>
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<h3>Fundamental Analysis – Review</h3>
<p>On December 1st, 2021, EUR/USD edged lower after some intra-day losses realized by the dollar when Fed Chair Jerome Powell indicated the U.S. central bank is likely to speed up the tapering of its asset purchases. | On December 2nd, EUR/USD continued to slide at the close as the U.S. confirmed its first Omicron Variant case with investors turning towards the safe haven of the dollar. Also the dollar edged higher due to expectations that the upcoming U.S. monthly job report could create a quicker pace of tapering and early interest rate hikes by the Federal Reserve. | On December 7th, the Euro fell as the German manufacturing orders decreased by 6.9% in October 2021, further increasing disbelief about the growth outlook of manufacturers in the European region. | On December 8th, the dollar lost ground as the indications for milder symptoms by the Omicron variant led to an increase in the risk appetite of the market with capital movements favoring the Euro. | On December 13th and the following trading day, the pair fell with the dollar reaching a one-week high ahead of the Federal Reserve meeting which was expected to lead to a hawkish outcome and indication for the markets. | On December 17th, the EUR/USD exchange rate fell further as it was once again affected the Federal Reserve's hawkish announcements for acceleration in the tapering of its bond-buying program. | On December 20th, the pair went bullish despite the surging numbers of Omicron-variant Covid-19 cases which prompted tighter mobility restrictions, threatening the European region’s economic recovery. | From December 21st until December 23rd, the dollar slipped as growing optimism for the global economic outlook led to the increase of the risk sentiment with the Euro being favored from the trading patterns. | On December 30th, 2021, the dollar edged higher while the release of the ISM manufacturing PMI for December was in focus. | In early January 2022, the Euro increased, as Eurozone inflation was expected to settle around 5%, over and above the analysts' forecasts.</p>
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Comment on Exchange Rate EUR/USD




Graph Analysis – Review




According to Graph 1, there has been a relatively narrow fluctuation for the EUR/USD exchange rate. During the examined period starting from December 8th, 2021 and ending on January 7th, 2022, there were three main movements for the exchange rate. More specifically, the currency pair followed a downward trend from the start of the month and up to December 17th. Shortly after, the exchange rate had a slight increase from December 17th to December 31st. Finally, the pair fell in value from December 31st to January 6th. Throughout the period, the MA 10 and MA 20 were moving sideways with the short- term MA remaining broadly above the long-term MA. The Candle Bar, Graph 2, depicts that the candles were equally split between green and red over the period under consideration. In Graph 3, the PPO was fluctuating in negative territory providing a potential sell signal, whereas in Graph 4, the MACD was trading above the signal line for almost the entire period.





Fundamental Analysis – Review
On December 1st, 2021, EUR/USD edged lower after some intra-day losses realized by the dollar when Fed Chair Jerome Powell indicated the U.S. central bank is likely to speed up the tapering of its asset purchases. | On December 2nd, EUR/USD continued to slide at the close as the U.S. confirmed its first Omicron Variant case with investors turning towards the safe haven of the dollar. Also the dollar edged higher due to expectations that the upcoming U.S. monthly job report could create a quicker pace of tapering and early interest rate hikes by the Federal Reserve. | On December 7th, the Euro fell as the German manufacturing orders decreased by 6.9% in October 2021, further increasing disbelief about the growth outlook of manufacturers in the European region. | On December 8th, the dollar lost ground as the indications for milder symptoms by the Omicron variant led to an increase in the risk appetite of the market with capital movements favoring the Euro. | On December 13th and the following trading day, the pair fell with the dollar reaching a one-week high ahead of the Federal Reserve meeting which was expected to lead to a hawkish outcome and indication for the markets. | On December 17th, the EUR/USD exchange rate fell further as it was once again affected the Federal Reserve's hawkish announcements for acceleration in the tapering of its bond-buying program. | On December 20th, the pair went bullish despite the surging numbers of Omicron-variant Covid-19 cases which prompted tighter mobility restrictions, threatening the European region’s economic recovery. | From December 21st until December 23rd, the dollar slipped as growing optimism for the global economic outlook led to the increase of the risk sentiment with the Euro being favored from the trading patterns. | On December 30th, 2021, the dollar edged higher while the release of the ISM manufacturing PMI for December was in focus. | In early January 2022, the Euro increased, as Eurozone inflation was expected to settle around 5%, over and above the analysts' forecasts.

















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The US dollar is the official currency of the United States of America.

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Comment on Exchange Rate EUR/USD

Comment on Exchange Rate EUR/USD Graph Analysis – Review According to Graph 1, there has been a relatively narrow fluctuation for the...

VRS (Valuation & Research Specialists)

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