Fed puts the dollar in place

The EUR/USD may continue its rally up to 1.138 and break through the June’s highs 

Donald Trump wants to control everything but the financial markets are ruled by the Fed. The president criticized the central bank for a too grim forecast, but this was necessary. Jerome Powell and his colleagues do not rule out a V-shaped recovery of the US economy, which was voiced by Dallas Fed President Robert Kaplan. However, the basic scenario is still the Nike-shaped recovery of the US GDP. If so, there will be needed huge volumes of monetary stimulus. Once the Fed added more liquidity,…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>