Euro hit bottom. Forecast as of 06.12.2023

The euro is unable to recover due to fears that the ECB will be the first to ease monetary policy. The US dollar is under pressure due to improving global risk appetite. Who will be the first to deal with problems? Let's discuss this topic and make up a trading plan for EURUSD.

Weekly Euro fundamental forecast

Predicting a dovish reversal by the central bank is as difficult as predicting a break of a currency trend. Be sure to expect a rate reduction only after their increase has been completed. The ECB's Isabelle Schnabel statement that the remarkable slowdown in eurozone inflation… Read full author’s opinion and review in blog of #LiteFinance