Along with the tide of immigration from Africa and the Middle East into the wealthier, more “optimistic” countries of Europe, where these penniless, war-embattled immigrants have been headed, there has been a parallel rise in political instability. The wealthiest countries of Europe – mainly Germany and France – have sought to bear the burden of the desperate wave of humanity that has washed up on their shores, but there has been a price to pay. While it is likely that these countries have the financial resources to absorb a million or more refugees, as Germany has done, this political humanitarianism is not always reflected by the will and perception of German or French citizens in the street. Along with concerns in other European countries such as Spain, Italy, and the soon-to-be Brexited United Kingdom, the popular concern is that there may be just too many immigrants flooding into these countries. This anxiety is clearly reflected in the continuing rise in popularity of political parties such as Marine le Pen’s Front National, the United Kingdom Independence Party (UKIP), and the German Alternative fÃ¼r Deutschland (AfD). These organizations, that positively thrive on economic lethargy and xenophobia, have gained increasing numbers of votes in democratic elections, which has struck a real note of concern among Europe’s political cognoscenti. Of course, as is to be expected during any periods of political instability, one of the first victims in such a political climate is a country’s currency. Brexit hit the British pound, hard, and now European lack of political direction and leadership continues to weaken the euro. Since the recession of 2008 when the USD reached almost 1.60 to the euro, the European currency has weakened dramatically, even toying with parity to the greenback. Recent political worries have seen the European currency weaken again, and after testing the lows of 1.05 USD to the euro in December of 2016, it has now strengthened slightly pushing back to test the 1.20 level during the early months of 2017. Technical analysis charts suggest that this euro strength is likely to be short lived, and analysts suggest that it would have to show consistent strength, pushing through a resistance level of 1.25 USD to the euro to suggest any kind of new positive trend in the euro’s favor. Current political trends, be they technological, or humanitarian, are likely to lead to further political instability on the continent of Europe. The potential ripple effects from such uncertainty can most likely be felt in the future direction taken by the European currency. Low European interest rates, reflecting the continued weakness of European economies are also likely to be experienced for the foreseeable future. Add to this the very real concern of other European countries wanting to de-list from Europe, taking the lead from the United Kingdom, then it is inevitable that further economic instability, particularly felt by the European currency, is on the cards. Adinah Brown Adinah Brown Adinah Brown is a professional writer who has worked in a wide range of industry settings, including corporate industry, government and non-government organizations. Within many of these positions, Adinah has provided skilled marketing and advertising services and is currently the Content Manager at Leverate.. View All Post By Adinah Brown Opinions share Read Next Major Turning Point In Oil? Guest 4 years Along with the tide of immigration from Africa and the Middle East into the wealthier, more "optimistic" countries of Europe, where these penniless, war-embattled immigrants have been headed, there has been a parallel rise in political instability. The wealthiest countries of Europe - mainly Germany and France - have sought to bear the burden of the desperate wave of humanity that has washed up on their shores, but there has been a price to pay. While it is likely that these countries have the financial resources to absorb a million or more refugees, as Germany has done, this political humanitarianism… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk.3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk.4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk.5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.