Dollar hasn’t got to the end

Fed says more stimulus is necessary, Congress and the White House should authorize more aid 

History repeats itself. The EUR/USD soared to the top of figure 8 at the European Forex session and dropped to its bottom at the US session on May 12. The story repeated on the next day. Jerome Powell’s speech increased the pessimism about the V-shaped recovery of the US economy, so, the S&P 500 dropped, which encouraged the dollar bulls. The euro, which is also pressed down by the euro-area domestic problems, quickly rolled down, and I doubt that it could rally up to the top of…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>