Dollar is looking for a place to sleep

After jumping up and down in late winter – early spring, the EUR/USD may enter a consolidation period now

The US dollar had the worst week over the past decade amid a surge of the global stock indexes and a lower demand for safe-haven assets. Dallas Fed chief Robert Kaplan believes that the US GDP could shrink by around 20% in the second quarter. However, investors are sure that the recession, though being rather deep, won't last for a long time due to the large fiscal and monetary stimuli. They are eagerly buying stocks that are now cheap (the P/E…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>