Dollar listens to a teacher. Forecast as of 20.01.2021

Yellen’s speech in the US Congress met investors' expectations. Stock bulls hope for an additional fiscal stimulus, and dollar bears believe the Treasury will not interfere. Where will the EURUSD go? Let us discuss the Forex outlook and make up a EURUSD trading plan.

Monthly US dollar fundamental forecast

When the verdict is not as strict as expected, you feel relief. Markets expected Janet Yellen to voice her adherence to a strong dollar policy. However, Yellen says the US doesn’t seek a weaker dollar to gain a competitive advantage. The EURUSD bears are discouraged as the Treasury secretary nominee says… Read full author’s opinion and review in blog of #LiteForex