Euro goes against the market. Forecast as of 10.07.2023

When stock indices fall and Treasury yields rise, the US dollar strengthens. But after the June jobs report, EURUSD soared. Why and what will happen next? Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

The higher the expectations, the harder it is to meet them. After ADP's report showed that private sector employment surged by nearly half a million in June, investors were hoping for a super-strong US labor market report. However, this did not happen! Nonfarm payrolls rose by 209 thousand, falling short of Bloomberg experts' forecasts and showing the worst dynamics since December 2009…. Read full author’s opinion and review in blog of #LiteFinance