Dollar lost its shine: for how long? Forecast as of 01.12.2020

Euphoria often gives way to Disappointment in financial markets, especialy when the good news has already been price in the Forex rates. Will this fact send down the S&P 500 and EURUSD? Let us discuss the forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

In November, the USD was 2.6% down, increasing the loss since the beginning of the year to 5% and hitting the lowest level since April 2018. The US dollar in November featured the worst drop since July amid mass sell-offs of the safe-havens. The major reasons are the increase in the… Read full author’s opinion and review in blog of #LiteForex