Euro: caught off guard. Forecast as of 07.09.2023

The US economy is not going to cool down, while China and the eurozone data are disappointing. Against this background, even the hawkish comments of ECB officials do not help the EURUSD bulls. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

Recently, financial markets have been worried about a recession. Now, they are afraid of the heating of the US economy. The growth of business activity in the services sector from ISM to a six-month high and the trade deficit reduction increase the possibility of GDP acceleration in the third quarter. Any figure above 3% will… Read full author’s opinion and review in blog of #LiteFinance