Dollar: a losing streak continues. Forecast as of 30.04.2021

Financial market sentiment changes frequently. The Treasury yields rally will hardly support the greenback as it did in March. However, the euro bears could obtain a new advantage in May. Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly US dollar fundamental forecast

The US strong domestic data have at last led to what it should have led, to an increase in the Treasury yields! However, unlike in March when the US bond yields rally supported the US dollar, the greenback is not rising currently. The USD is to close in the red for the… Read full author’s opinion and review in blog of #LiteForex