Dollar creates obstacles

EUR/USD bulls are going ahead, but there are no gains without losses

The risk of the euro-area breakup was reduced as Germany and France offered a €500-billion European recovery fund to support the EU countries worst affected by the pandemic. This news encouraged EUR/USD bulls. At the same time, the dispute between Democrats and Republicans in the USA about the terms and size of the fiscal stimulus may support ….the US dollar. The greenback and the euro react to the growing uncertainty in different ways. The dollar has benefits as a safe-haven asset. In this respect, different approaches of the Fed and…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>