Does dollar need a revolution?

The dollar smile theory is again discussed in Forex

The rules are unable and the ruled ones are unwilling. The EUR/USD pair seems to be reaching a revolutionary stage which may lead to unexpected results. The buyers of the S&P 500 and the euro are losing the faith in the V-shaped recovery of the US economy, or a soon victory over COVID-19. Besides, such factors as the huge fiscal and monetary stimulus provided by the EU and the ECB have been already priced in the major currency pair. The bulls need good news or fresh drivers to be encouraged to buy, but…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>