Dollar prepares for transition. Forecast as of 24.11.2020

Lower political risks in the USA break the link between the EURUSD and the US stock indexes. The euro needs fresh drivers. Let us discuss the Forex outlook and make up a trading plan.

Weekly US dollar fundamental forecast

Although markets live in illusions (they ignore negative news and respond to positive information), they acknowledge the reality from time to time. How could the EURUSD be running up to 1.2 if the euro-area PMI is down to the lowest level since May while the US PMI performs the best growth over the last 5.5 years? The divergence in the economic… Read full author’s opinion and review in blog of #LiteForex