Euro's correction. Forecast as of 29.09.2023

No asset in the market can rise or fall endlessly. After ten weeks of EURUSD decline, the bulls found the strength to go ahead. The reason for this was signs of a cooling in the US economy and German inflation. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

Everything depends on the bond market. After the decline in the yield of treasuries against the background of several alarming signals from the American economy and the neutral stance of Fed officials, stock indices and EURUSD rose. The main currency pair returned above 1.052, which allowed us to… Read full author’s opinion and review in blog of #LiteFinance