Commodity currencies outdo the dollar. Forecast for AUDUSD, NZDUSD and USDNOK as of 23.09.2020

The second pandemic wave and the USD index’ previous reactions to US presidential elections breathed new life into the greenback. Will it be able to break out its downtrend against the major currencies, or is it a mere correction?

Monthly fundamental forecast 

In 2018-2019, the markets held breathing, watching trade wars, but in 2020, it’s the pandemic that rules Forex. Where is the epidemiological situation better? Which country will suffer the least from a lockdown? Whose economy will recover faster? Those bets worked out regularly. The situation around COVID-19 is getting worse, and it makes investors rush to the US…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>