The S&P 500 sends the euro down

The drop of the US stock market sets the EUR/USD bulls back

When the US stock indexes feature strong moves all the other trading assets are forgotten. Investors are focused too much on the global risk appetite to miss the second S&P 500 drop in the last ten days, which in its depth is among the TOP 15 of the worst crashes in the S&P 500 5-year history before the pandemic. Sharp drops remind that COVID-19 hasn’t been defeated and the US economy may not rebound quickly. Besides, if something has happened twice, I could happen for the third time….<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>