Euro warns traders. Forecast as of 21.12.2023

The Bundesbank warned traders betting on ECB's aggressive monetary expansion in 2024, which helped smooth out the EURUSD decline amid a sell-off in the US stock market. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

After nine days of continuous rally, the S&P 500 fell the most since August. Market greed has finally given way to fear. Investors are afraid that a strong economy could trigger a new surge in inflation. This will force the Fed to abandon its plans to lower the Fed funds rate. However, EURUSD managed to take advantage of the hawkish comments of ECB officials…. Read full author’s opinion and review in blog of #LiteFinance