Dollar: one pro, two cons

Will a worsening financial situation in the USA and rapid growth of the Fed’s balance sheet outweigh the demand for safe havens 

The crash of Brent and WTI spot rates has become a real challenge not only for oil-producing companies and oil-exporting countries but also for the local US governments. According to the Wall Street Journal research, not only Texas but also many other states have become more dependent on the oil market over the past few years. Their long-term economic recovery may become a strong barrier to the US economic growth in 2021. The White House is considering offering…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>