Euro: crime and punishment. Forecast as of 05.04.2022

Another exacerbation of geopolitical risks has set the EURUSD bulls back. War crimes in Ukraine and new sanctions against Russia create barriers to the euro growth. Let us discuss the Forex outlook and make up a trading plan.

Weekly euro fundamental forecast

The euro withstood the strong US jobs report but was pressed down by the rising geopolitical risks. The topic of war crimes and a new package of economic sanctions as retaliation, on the one hand, pushed up the demand for safe havens and, on the other hand, increased concerns about a downturn in the euro-area GDP. The EU's… Read full author’s opinion and review in blog of #LiteFinance