Euro: at breakneck speed. Forecast as of 03.10.2023

If the 10-year US Treasury yield reaches 5%, EURUSD could fall towards parity. This is quite possible, given the eurozone economy's deterioration and stock indices' fall. Let's discuss this topic and make up a trading plan.

Weekly Euro fundamental forecast

A slowdown in the US economy in the fourth quarter amid an acceleration in Chinese GDP should help the euro. However, the failed US shutdown strengthened the EURUSD bears. The absence of pauses in the work of the government smooths out the slowdown in US economic growth, but it also increases Treasury yields and harms the European economy.

Congress delayed the shutdown until… Read full author’s opinion and review in blog of #LiteFinance